$495,000
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13,438 SqFt
SOLD DATE : 06/21/2023
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 13,438 sqft
Price per Sqft $22
MLS® Listing ID GP211868
Annual Tax Amount $10,932
Tax Year 2019
Property Sub-Type Hotel/Motel
Property Description
Amazing opportunity to own a staple business in a thriving community! The Falher Hotel and Cozy Lounge! This successful establishment services the town, and surrounding rural areas. The profitable establishment is a turnkey operation. It has a steady and growing income from dedicated customers, and hosting local events and parties! The business consists of a hotel, bar, lounge, and leased out restaurant. The hotel has 12 rooms and a "manager" suite. The bar has the capacity for 185 people, walk-in cooler, office, 5 flat screen Tv's, automatic liquor dispenser, Dj booth, 8 VLT's (potential for 12), pool tables, shuffleboard, and dance floor! The lounge can hold 35 people, walk-in cooler, alcohol rollers, and more! The restaurant is leased out for $5500/mth tenant has been there for years and would like to stay. Multiple revenue streams from hotel, alcohol, off-sales, VLT's, and leased space.
Location
Province AB
County Smoky River No. 130, M.d. Of
Zoning commercial
Exterior
Parking Features Gravel Driveway
Garage Description Gravel Driveway
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Corner Lot
Sewer Sewer
Water Public
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