$750,000.00 16,000 Sq.ft

4408 52 Avenue S, High Prairie. T0G 1E0

Description

With a minimum of 4 revenue sources this property deserves your time. Turn Key Business + Building. The current owners have operated this multiple revenue generating business for almost 30 years. The Orion Chinese & Western Cuisine is the go-to in High Prairie and has been for generations. A separation in the dining room for casual dining and fine dining. Vietnamese themed decor. The kitchen is stainless from end to end and has a walk in freezer and a separate walk in cooler. The 16 room Hotel is currently being rented on a monthly basis. The front office has potential to double as owners or managers quarters with a full kitchen, 3 piece bathroom and an office/bedroom. The lounge houses the VLT machines and tables. Upstairs the Night Club is not currently running - was shut down during covid and has not reopened yet. Space is used for Christmas/Staff party rentals. When open was financially profitable and could be again. Plenty of parking on site for all business. Recent renovations include: Newer roof (10 Years), Upstairs washrooms renovated, lounge bar counter, flooring and ceiling in Kitchen. Current owner had been continually updating and maintaining properties. Owner is retiring. Call, email or text today to book your personalized viewing and view the latest financials.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2022887
City:High Prairie
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 16,000 sq.ft
Land Size:0.59 Acre
Listing Price:$750,000.00
Listing Price Arce: $0 per Acre
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:Commercial
Listing Contract Date:2023-02-02

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Grassroots Realty Group - High Prairie" listing brokerage.

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