Dragic Janjic
(780) 439-7000
RE/MAX River City
780-439-7000
5011 50 Street
Barrhead , Alberta T7N 1L1
Barrhead , Alberta T7N 1L1
Disclaimer - It is your responsibility to perform the appropriate due diligence to verify information provided by users or third parties on this website or in subsequent interactions. For more information see our website’s Terms of Use.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
5011 50 Street For Sale
$699,000
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.
Transaction Type
For Sale
For Sale
Days On Market
3
3
Zoning
CB
CB
Subdivision
Barrhead
Barrhead
Year Built
1959
1959
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
5440CL
5440CL
Building Area (Sq. Ft.)
21000.00
21000.00
Building Area (Sq. M.)
1950.95
1950.95
Inclusions
All items pertaining to business operations
All items pertaining to business operations
Restrictions
None Known
None Known
Reports
None
None