5120 49 Street, Innisfail

$799,900

0 Beds
0 Baths
0 Sqft
.63 Acres
0 Garages

INNISFAIL HOTEL ( The Z00 ) Long established Hotel consisting of a large 200-270 seat Tavern (depending if 2nd Entrance is open) including a large Games area, Stage/entertainment Area, Special Venue Area, Gov't controlled V.L.T's & a popular Liquor Store with a large walk in cooler & a storage area with office, a full Kitchen ready to open with a remodeled Dining area with a separate entrance, and will also serve Hotel patrons (Owner doing this at this time) and a spacious outside deck. Existing corner lot #3 is also included (separate title). Upstairs are 5 suites and 5 rooms rented out monthly. Good upgrades ongoing. **INCOME** FIVE SUITES (Very nice revenue), **INCOME** FIVE ROOMS with extras (microwave/stove/living area. **INCOME** 4 V.L.T.s with potential for a fifth. PLUS **INCOME** of Liquor Store, PLUS **INCOME ** of Tavern, PLUS **INCOME ** of Future kitchen service to Tavern and Dining Area. and PLUS ** INCOME** of extra rooms (FIVE MORE} upstairs that can be renovated, PLUS Parking lot potential to build another Commercial venture separate from the Hotel. There is also a large Basement Storage Area available, and the list goes on. " JOIN THE PROFITEERS." NOTE : PRICE PLUS LIQUOR STOCK. Hotel includes 60 security cameras set up on 3 monitors, an up to date PO computer system that records all sales precise for the Tavern, Liquor Store and Kitchen giving you full control of product, consumption and sales. Also a new $ 6,000 Entertainment Screen Center for the Special Venue room. There are 2 full time and 5 part time staff. For full income details , the owner is requesting that the buyer sign a Confidentiality Agreement. Limited viewings of OCCUPIED suites/rooms without an offer or deposit in place. This is for tenants reasonable rights. Pictures of suites not available for tenants rights. This Hotel is making $$$.

Essential Information
MLS® #CA0161911
Price$799,900
Bathrooms0.00
Acres0.63
Year Built1924
TypeCommercial
Sub-TypeBusiness
StatusActive
Community Information
Address5120 49 Street
CityInnisfail
CountyRed Deer County
ProvinceAB
Postal CodeT4G 1L9
Utilities

Municipal Water, Natural Gas, Power

Interior
HeatingBoiler, Mixed, Natural Gas
Exterior
RoofMixed
ConstructionBrick, Frame - Wood, Mixed
FoundationConcrete
Additional Information
ZoningCommercial
Listing Details
OfficeRE/MAX Compass
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