Sam Kim
(403) 247-7770
CIR Realty
403-247-7770
Blackfalds
, Alberta
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Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant For Sale
$4,300,000
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
For Sale
Days On Market
21
21
Business Type
Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant
Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant
Zoning
Commercial
Commercial
Building Type
Commercial Mix,Free-Standing,Low Rise (2-4 stories)
Commercial Mix,Free-Standing,Low Rise (2-4 stories)
Year Built
1958
1958
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Building Area (Sq. Ft.)
18805.00
18805.00
Building Area (Sq. M.)
1747.03
1747.03
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Call Lister
Call Lister