Sam Kim
(403) 247-7770

CIR Realty
403-247-7770

Blackfalds , Alberta  
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.

Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant For Sale

$4,300,000
Blackfalds, Alberta

Transaction Type
For Sale
Days On Market
21
Business Type
Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant
Zoning
Commercial
Year Built
1958
Property Type
Commercial
Building Area (Sq. Ft.)
18805.00

Listing ID: 34658
MLS ID: A2290919
Prime income-generating property offered at $4.3 M, featuring 32 GUEST ROOMS, 21 VLTs, a FULL-SERVICE BAR, LIQUOR STORE, and TWO LEASED RESTAURANT spaces. This well-established operation delivers approximately $2M in ANNUAL REVENUE, with multiple diversified income streams. Recent upgrades include approximately $2 MILLION IN RENOVATIONS (2020), with significant improvements to guest rooms including NEW WASHROOM AND SEPARATE HAVC SYSTEMS, enhancing operational efficiency and guest experience. Situated on 0.6 acres, the building spans 25,392 sq. ft., including a 11,377 sq. ft. main floor and 6,587 sq. ft. basement, allowing for efficient operations and future potential. Owned and successfully operated by the same owner for over 20 years, this is a rare, stable, and profitable investment with proven performance. An ideal opportunity for investors seeking a high-cash-flow asset with diversified revenue streams and strong upside potential.
Transaction Type
For Sale
Days On Market
21
Business Type
Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant
Zoning
Commercial
Building Type
Commercial Mix,Free-Standing,Low Rise (2-4 stories)
Year Built
1958
Structure Type
Hotel/Motel
Property Type
Commercial
Property Sub Type
Hotel/Motel
Building Area (Sq. Ft.)
18805.00
Building Area (Sq. M.)
1747.03
Inclusions
N/A
Restrictions
None Known
Reports
Call Lister

More Items You May Like

Here are some additional items that you may be interested in.

Get business tips straight to your inbox

Our team of industry experts has over 30 years of experience in business development. Get business tips and tricks for every stage of the business life cycle delivered straight to your inbox each week. You’ll also be the first to hear about new and updated listings in your searches.

Sign Up