776 And 780 8 Street Sw, Medicine Hat
- Type: Commercial
- Added: 130 days ago
- Updated: 53 days ago
- Last Checked: 14 hours ago
Rare opportunity to acquire 3 businesses (portfolio sale of Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included. All businesses and inclusions of the sale are sold together (portfolio sale). Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres and right across from a well known hotel, Econolodge inn and suites.Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated.Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city. ** Inventory not included in the listed price**Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom.Hotel across the street (Econolodge inn and suites) is also available for sale. Kindly see MLS Listing A2144903 for the portfolio sale. (id:1945)
Property Details
- Year Built: 1953
- Structure Type: Commercial Mix
Interior Features
- Above Grade Finished Area Units: square feet
Exterior & Lot Features
- Lot Features: Visual exposure
- Road Surface Type: Paved road
Location & Community
- Common Interest: Freehold
- Street Dir Suffix: Southwest
Business & Leasing Information
- Business Type: Accommodation, Restaurant, Retail and Wholesale
Tax & Legal Information
- Tax Lot: 25 and 26
- Tax Year: 2023
- Tax Block: 7
- Parcel Number: 0031198146
- Tax Annual Amount: 18754.43
- Zoning Description: C-H
This listing content provided by REALTOR.ca has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association