Property Details

4810 50 Avenue
Valleyview (A2315853)

$995,000
5,838 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today!

Property details

Basic Info

MLS® #
A2315853
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
NONE
Price
$995,000
Sale/Lease:
For Sale
Size:
5,838 sq.ft.
Year Built:
2005 (21 years old)

Building Info

Structure Type:
Multi Unit
Building Name:
The New Olde Country Inn
Garage:
No
Fence:
Basement:
No
Inclusions:
All furnishings, fixtures, equipment, decor and smallware items relating to the underlying business to remain; with the exclusion of some personal and keepsake decor items (list can be provided of personal items to be removed).

Lot / Land Info

Lot Size:
1 acres
Lot Features:
Back Lane, Corner Lot
Water:
Public
Sewer:
Public Sewer
Utilities:
Electricity Available, Natural Gas Available
Zoning:
CD

Business Info

Business Name:
The New Olde Country Inn
Business Type:
Mixed

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
ICFs (Insulated Concrete Forms),Wood Frame
Foundation:
Combination
Heating:
In Floor, Forced Air, Natural Gas

Listing Info

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

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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