5011 50 Street, Barrhead No. 11, County Of, Alberta T7N 1L1

$699,000

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List Price
$699,000
Status
ACTIVE
MLS® #
A2313502
Days on Market
68
Year Built
1959
Area
Barrhead
Community
Barrhead
Building Name
Red Barron Inn

Property Description

Seize the opportunity to own a thriving commercial property in the heart of Barrhead, Alberta. This well-maintained building boasts a successful hotel andbar operation, making it a lucrative investment. The property features 25 spacious and comfortable hotel rooms, providing a steady stream of income andattracting both business and leisure travelers. The bar offers a lively atmosphere with pool tables and VLTs, perfect for local patrons and guests alike, with a180 person capacity. The building's exterior has been recently updated, enhancing its curb appeal. The main floor has 11,000 square feet of versatile space,ideal for various commercial uses. The second floor offers an additional 10,000 square feet, providing potential for expansion or additional services.Situated in the centre of town, this property benefits from high visibility and foot traffic. With its prime location and extensive facilities, this property is afantastic investment opportunity.

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Courtesy of REMAX River City.

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