$120,000

A unique commercial redevelopment opportunity in the heart of Standard, Alberta. Situated on an impressive approximately 150' x 130' corner parcel, this property encompasses six lots and offers substantial space for a future vision. The property is being offered for the land and existing building only — no operating business is included in the sale. The existing two-storey former hotel building includes a variety of spaces that historically accommodated guest rooms, residential-style accommodations, a commercial kitchen, bar and banquet areas, laundry facilities and a full basement. A selection of existing furnishings, kitchen and bar equipment, fixtures and renovation materials currently on site are also included. With its prominent downtown location, substantial lot size and existing commercial improvements, this property presents an opportunity for redevelopment or repurposing, subject to municipal approval, zoning and the buyer's intended use. Property and all existing improvements, furnishings and equipment are being sold AS IS, WHERE IS. The existing structure is in poor condition and access may be restricted. No representations or warranties are made regarding the condition, measurements, functionality or suitability of the building or improvements. Buyers are responsible for completing their own due diligence regarding the property, building condition, zoning, permitted uses, servicing and redevelopment potential.