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New property listed in Swan Hills, Swan Hills

New property listed in Swan Hills, Swan Hills

I have listed a new property at 4932 Plaza Avenue in Swan Hills. See details here

Swan Hills Hotel ( with 8 VLT's); Liquor Store; 18 Rooms on Upper Level; Restaurant; Lounge and additional 3692 sq ft area to lease out. Seller is currently only operating the Hotel (Bar Area) and the liquor Store. The lounge; Restaurant; and remaining space have been vacant for over 6 years. The Seller stopped renting out the 18 rooms 2 years ago. Previous operation of the entire 25,460 sq.ft building the gross income was over $1.5 Million Bar and Liquor Store are profitable. Bar has 8 VLT's; seats over 160 people; Pool tables; Dart area; band area. Currently contracts out the food intake from another restaurant due to their restaurant being closed for many years. The building occupies almost an acre of land (.95 acres) but will require extensive renovations for a portion of the roof, and interior upgrades. Building requires extensive renovations including replacement of roof; removal of mould....building/land priced accordingly.

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