107 Main Street E

Retail For Sale in Other, Paradise Hill

$1,675,000
Turnkey business opportunity. This profitable Bar and Hotel is meticulously maintained and efficiently managed to achieve a high level of service and success. Features of the Bar include: brand new commercial grade kitchen installed containing, grill, refrigerator, freezer, fryers, pizza ovens, hood ventilation, ice maker, dishwashers, sinks and prep areas. Smokin' Lens Bar is a 120 occupancy lounge area with 10 VLT's, dance floor, large W/I cooler, tables and seating, owned ATM machine (providing strong additional income), large sit up bar and serving counter, and a separate licensed off sales store (again strong additional income). Hotel portion is 10 rented rooms with beds, full baths, TV's, bar fridges/microwaves, commercial laundry and supply room, separate entrances and fully finished. Hotel maintains a very good occupancy rate year round and is a hub for the area as the only hotel and bar within a good sized radius. The managers suite is a full 2-bedroom home, double car garage, full bath, renovated kitchen, dining and living room. The building is in great condition and the many upgrades include, a new commercial membrane roof in 2012, new mechanical boiler and hot water system in 2020, new registers/scanners inventory equipment and vinyl windows. The building comes on 5-lots providing plenty of parking and great access. This opportunity provides multiple streams of income, with the lounge, hotel, VLT's, off sales store, and ATM.
Address 107 Main Street E
List Price $1,675,000
Property Type Commercial
Type of Dwelling Retail
Area Paradise Hill
Sub-Area Other
Lot Size 26136 Ac.
Year Built 1975
MLS® Number A2071364
Listing Brokerage MUSGRAVE AGENCIES
Postal Code S0M 2G0
Zoning COMM

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Prestige Commercial Group

Remax Complete Realty

11450 29 St SE #201 Calgary Alberta T2Z 3V5

Office: 403-204-9323

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