Judith Ann Rimmer Phone: Email: [email protected]

For questions about municipal activities such as zoning, land-use, permits, incentives
Swan Hills 780-333-4477 | [email protected] https://www.townofswanhills.com

For questions about government programs and investing in Alberta Email: [email protected]

Building Overview

Swan Hills Hotel (8 VLT’s); Liquor Store; 18 rooms; Restaurant; Lounge plus 3692 sq.ft. area to lease. Seller currently operates the Hotel (Bar area) and liquor Store. The Lounge, Restaurant, and remaining space have been vacant for over 6 years. Renting the 18 rooms stopped 2 years ago. Previous operation of the entire 25,460 sq.ft. had gross income over $1.5 million. Bar and Liquor Store are profitable. Bar seats over 160 people; Pool tables; Dart area; Band area. Food intake is contracted out to another restaurant. The building occupies almost an acre of land (0.95 acres) but will require extensive renovations for a portion of the roof; and interior upgrades. The Seller is will carry 1st mortgage with 30%-35% down payment; 5 year term; 5% interest amortized over 20 years. This will enable a Buyer to pay for the renovations; leasing or operating restaurant and remaining area of the building. Inventory is approximately $200,000 which can be reduced in value if required.

Details
Available Space: 25406ft²
Price: $499,000
Location Street Address: 4924 Plaza Avenue
Lease Type: direct
Lot Size: 0.95 AC
Lot Size Units: AC
Space Types: Retail
Building Size Sf: 25406
Building Name: Swan Hills Hotel, Tavern, Liquor Store, Restaurant, Lounge, plus Rental Unit
Property Types: Retail

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 33 - Less than 1 km (High Load Corridor)
  • Highway Treatment Plant Hwy - 15.61 km
  • Highway 658 - 49.06 km
Nearest hospital:
  • Swan Hills Healthcare Centre - 1.07 km
Nearest airports:
  • International: Edmonton International Airport - 197.06km
Nearest powerlines:
  • ATCO - 6L96 72kv - 2.36 km
Nearest substations:
  • SWAN DIVE - 854S , ATCO - 5.93 km
Nearest railways:
  • Canadian National, Class : Main - 63.74 km
Nearest gas franchise area:
  • ATCO Gas - Town Of Swan Hills
Nearest Power Plant:
  • Swan Hills Geothermal (SRL1), Swan Hills Geothermal Power Corp. - 11.54 km
    Biomass and Other, 20 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Yard CN Wabamun Yard Canadian National
142.71 KM
Transload CN Edson CN DISTRIBUTION CENTRE
  • Forest products
  • bulk - CargoFlo
143.55 KM
Yard CN Westlock Yard Canadian National
117.66 KM
Grain CN Westlock Grain Terminal Westlock Terminals Ltd.
  • Grain
117.72 KM
Yard CN McLennan Yard Canadian National
146.54 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Swan Hills, AB
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Swan Hills's working age population of about 800 makes up a large share (66%) of its total population.
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Swan Hills is a business hub for Public Administration, Oil and Gas, and Accommodation and Food Services in Alberta.
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2 high load corridors pass through Swan Hills

Community Economic Details: Swan Hills, AB
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