Zach Terlier
(403) 818-2896
Real Broker
855-623-6900
14 Railway Avenue S
Lomond , Alberta T0L 1G0
Lomond , Alberta T0L 1G0
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14 Railway Avenue S For Sale
$300,000
For sale, a fully equipped turn-key restaurant and bar at 14 Railway Avenue South, Lomond, Alberta. This property features a recently renovated kitchen, a rebuilt and extended bar area, triple-insulated front wall, new front windows and back security door, updated electrical work, industrial vinyl plank flooring, new furnace and air conditioning, and fresh paint throughout. The space includes a stainless steel kitchen ventilation system with vertical exhaust, a range guard automatic fire extinguisher system (installed in 2012), and new stairs. With a seating capacity of 53 in the restaurant and 47 in the lounge/bar, there is also potential for VLTs and off-sales. The property draws from a 6,000+ population and is located near local amenities including a firehall, Canada Post, library, UFA, bank, Coop supply and service, skating rink, and curling rink. Ongoing local developments include a solar farm and 80 windmills, with close proximity to K-12 schools. This is a fantastic opportunity to own a well-established, fully renovated restaurant and bar in a growing community.
Transaction Type
For Sale
For Sale
Days On Market
84
84
Zoning
Non-Res-Improved Commerci
Non-Res-Improved Commerci
Subdivision
NONE
NONE
Year Built
1951
1951
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
918AY
918AY
Building Area (Sq. Ft.)
3261.00
3261.00
Building Area (Sq. M.)
302.95
302.95
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Title
Title