Zach Terlier Phone: 403-818-2896 Email: [email protected]
For questions about government programs and investing in Alberta Email: [email protected]
Overview

For sale, a fully equipped turn-key restaurant and bar at 14 Railway Avenue South, Lomond, Alberta. This property features a recently renovated kitchen, a rebuilt and extended bar area, triple-insulated front wall, new front windows and back security door, updated electrical work, industrial vinyl plank flooring, new furnace and air conditioning, and fresh paint throughout. The space includes a stainless steel kitchen ventilation system with vertical exhaust, a range guard automatic fire extinguisher system (installed in 2012), and new stairs. With a seating capacity of 53 in the restaurant and 47 in the lounge/bar, there is also potential for VLTs and off-sales. The property draws from a 6,000+ population and is located near local amenities including a firehall, Canada Post, library, UFA, bank, Coop supply and service, skating rink, and curling rink. Ongoing local developments include a solar farm and 80 windmills, with close proximity to K-12 schools. This is a fantastic opportunity to own a well-established, fully renovated restaurant and bar in a growing community.

Details
Available Space: 3261ft²
Price: $240,000
Location Street Address: 14 Railway Avenue S
Space Year Built: 1951
Property Types: Retail
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 845 - Less than 1 km (High Load Corridor)
  • Highway 531 - Less than 1 km
  • Highway 529 - 10.94 km
  • Highway 526 - 20.67 km
  • Highway 25 - 22.75 km (High Load Corridor)
Nearest hospital:
  • Bassano Health Centre - 50.52 km
Nearest airports:
  • Regional: Lethbridge County Airport - 80.9km
  • International: Calgary International Airport - 129.08km
Nearest powerlines:
  • AltaLink - 1005L 240kv, Double Circuit w/ 1036L - 8.9 km
Nearest substations:
  • LITTLE BOW - 991S , AltaLink - 13 km
Nearest irrigation systems:
  • Within 3.75 km
Nearest railways:
  • Canadian Pacific, Class : Main - 50.33 km
Nearest gas franchise area:
  • ATCO Gas - Village Of Lomond
Nearest Power Plant:
  • Travers (TVS1), Travers 2 Solar LP - 11.52 km
    Solar, 465 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 CP Bassano Yard Canadian Pacific
49.93 KM
Grain CP Vulcan Richardson Pioneer
  • Grain
43.02 KM
Transload CP Coaldale 5 Suns Transloading Ltd.
  • Ag products
  • bulk
  • grain
68.97 KM
Grain CP Long Plain Paterson Grain
  • Grain
62.69 KM
Yard CP Lethbridge Yard Canadian Pacific
71.61 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Details: Lomond, AB
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Site Data Provided by: Pillar9 ™
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