5221 Highway 12, Coronation, AB - MLS # CA0128598

5221 Highway 12, Coronation, AB T5K 2G5

Quick Summary

Price
$799,900
Type:
Commercial
Sub Type:
Business
Title:
5221 Highway 12
Possession:
60 Days / Neg
Tax Amount:
21000 / 2018

Lot Summary

Lot Units:
3 Acres
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Geographical Summary

Access:
Direct Access,On Major Traffic Route,Road - Paved,Road - Public,See Remarks

Building Summary

Year Build:
1980
Construction Material:
Wood
Foundation Details:
Concrete
Roofing:
Asphalt
Utilities:
Cable/Satellite TV,Electricity,Garbage Collection,High Speed Internet,Municipal Water,Natural Gas,Power,See Remarks,Sewer - Sanitary
Heating:
Boiler
Area Above:
23236 sq ft

Building Features

Inclusions:
All restaurant equipment (100 seat), 200 seat bar table and chairs Large sports bar t.v.screen, All furniture and fixtures including. (as is)

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Property Description

County / Parish: Paintearth, County, Alberta
Zoning: C1

This is a full services 31 room hotel with 4 very active VLTS, A full managers 2 bedroom suite. A full basement for storage, paved parking area, All rooms are approx 300 Sq. Ft with Micro waves, newer TVs and Fridge. Assessed value is $1,376,770. Includes 5 single rooms, 2 Suites, 23 double rooms Basement with laundry room, storage and non functional washroom. Area economy is much better today with room revenuse for 2018 is estimated @ $100,000. VLT revenue is estimated to be $60,000. in the coming year

Directions:
From Red Deer East on Hyw 12
Listed By Swan City Realty

Walk Score

Agent on Duty


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