Property Details

5011 50 Street
Barrhead (A2313502)

$699,000
21,000 ft²
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Loan Amount
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* Amounts are estimates only. Final payment amounts may vary.

Description

Seize the opportunity to own a thriving commercial property in the heart of Barrhead, Alberta. This well-maintained building boasts a successful hotel andbar operation, making it a lucrative investment. The property features 25 spacious and comfortable hotel rooms, providing a steady stream of income andattracting both business and leisure travelers. The bar offers a lively atmosphere with pool tables and VLTs, perfect for local patrons and guests alike, with a180 person capacity. The building's exterior has been recently updated, enhancing its curb appeal. The main floor has 11,000 square feet of versatile space,ideal for various commercial uses. The second floor offers an additional 10,000 square feet, providing potential for expansion or additional services.Situated in the centre of town, this property benefits from high visibility and foot traffic. With its prime location and extensive facilities, this property is afantastic investment opportunity.

Property details

Basic Info

MLS® #
A2313502
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
Barrhead
Price
$699,000
Sale/Lease:
For Sale
Size:
21,000 sq.ft.
Year Built:
1959 (67 years old)

Building Info

Structure Type:
Hotel/Motel
Building Name:
Red Barron Inn
Garage:
No
Fence:
Basement:
No
Inclusions:
All items pertaining to business operations

Lot / Land Info

Lot Dimensions:
21000
Zoning:
CB

Listing Info

Possession:
60 Days / Neg
Days on Market:
36
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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