5011 50 Street
Barrhead, Alberta
MLS® A2313502
$699,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2313502
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1959
1 / 18Listing 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 summary
- MLS® number
- A2313502
- Property type
- Business
- Square footage
- 21,000 sq ft
- Land size
- 21000
- Built in
- 1959
- Annual property taxes
- $14,362.04
- Days on market
- 96 days
What would this home cost you?
Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX River City, EDMONTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.