Alan Duncan
(780) 524-5355
Royal LePage Redwillo Realty
587-841-5109
4810 50 Avenue
Valleyview , Alberta T0H 3N0
Valleyview , Alberta T0H 3N0
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Mixed For Sale
$995,000
A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today!
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Business Name
The New Olde Country Inn
The New Olde Country Inn
Business Type
Mixed
Mixed
Zoning
CD
CD
Subdivision
NONE
NONE
Building Type
Mixed Use
Mixed Use
Year Built
2005
2005
Structure Type
Multi Unit
Multi Unit
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
6877KS
6877KS
Building Area (Sq. Ft.)
5838.00
5838.00
Building Area (Sq. M.)
542.36
542.36
Lot Size (Sq. Ft.)
33080
33080
Lot Size (Acres)
0.76
0.76
Construction Type
Wood Frame
Wood Frame
Roof
Asphalt Shingle
Asphalt Shingle
Foundation
Slab
Slab
Electric
200 Amp Service
200 Amp Service
Heating
In Floor,Forced Air,Natural Gas
In Floor,Forced Air,Natural Gas
Lot Features
Back Lane,Corner Lot
Back Lane,Corner Lot
Commercial Amenities
Exhaust Fan(s),Kitchen,Storefront
Exhaust Fan(s),Kitchen,Storefront
Inclusions
All furnishings, fixtures, equipment, decor and items relating to the underlying business to remain (i.e. kitchen smallware, linen, etc.); with the exclusion of some personal and keepsake decor items (list can be provided of personal items to be removed).
All furnishings, fixtures, equipment, decor and items relating to the underlying business to remain (i.e. kitchen smallware, linen, etc.); with the exclusion of some personal and keepsake decor items (list can be provided of personal items to be removed).
Restrictions
None Known
None Known
Reports
Floor Plans
Floor Plans