Lyle Magnuson
(403) 633-2222
Magnuson Realty Ltd
403-485-6901
112 1 Street N
Lomond , Alberta T0L 1G0
Lomond , Alberta T0L 1G0
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112 1 Street N For Sale
$120,000
Located in an established farming community, Lomond offers the warm, friendly atmosphere small towns are known for — and it's just a short drive from great recreational destinations like Little Bow Provincial Park, Badger Lake, and McGregor Lake. This property features a well-known bar/pub space that has long served as a gathering place for locals and visitors. Inside, you’ll find a roomy bar area, a dedicated pool table space for friendly competition, and a dance area perfect for events, celebrations, and community nights out. Whether serving cold drinks after work or hosting weekend entertainment, this space is ready for its next chapter. The upper level includes additional rooms with excellent potential — consider developing a small hotel setup or rental accommodations to generate extra income. Previously operated as a successful business, this building holds plenty of opportunity for an entrepreneur ready to bring new life to a much-loved spot. Adding even more value, this listing includes the vacant commercial lot next door, approximately 6,000 sq ft — ideal for expansion, parking, or future development. If you’re looking to establish or grow a business in a welcoming rural community with recreation just minutes away, this could be the perfect fit. Building, land, and remaining equipment are included in the sale.
Transaction Type
For Sale
For Sale
Zoning
C
C
Subdivision
NONE
NONE
Year Built
1931
1931
Structure Type
Mixed Use
Mixed Use
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
918AY
918AY
Building Area (Sq. Ft.)
4164.00
4164.00
Building Area (Sq. M.)
386.85
386.85
Lot Size (Sq. Ft.)
18000
18000
Lot Size (Acres)
0.41
0.41
Heating
Forced Air,Natural Gas,Propane
Forced Air,Natural Gas,Propane
Inclusions
Walk-in cooler, all existing tables, chairs, pool table, glasses and jugs, glass washer, industrial microwave, microwave, vacuum, desk and chair, filing cabinets.
Walk-in cooler, all existing tables, chairs, pool table, glasses and jugs, glass washer, industrial microwave, microwave, vacuum, desk and chair, filing cabinets.
Restrictions
None Known
None Known
Reports
Title
Title