$ 1.600.000

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
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Nearby Places

Name
Type
Address
Distance
Ramada Limited Medicine Hat
Lodging
773 8 St SW
0.1 km
McDonald's
Restaurant
850 Redcliff Dr SW
0.1 km
ABC Country Restaurant
Restaurant
910 Redcliff Dr SW
0.2 km
Rustler's Corral
Bar
901 8 St SW
0.2 km
Best Western Plus Sun Country
Lodging
722 Redcliff Dr SW
0.2 km
Medicine Hat Regional Hospital
Hospital
666 5 Street SW
0.3 km
Travelodge Hotel Medicine Hat
Lodging
1100 Redcliff Dr SW
0.4 km
Tim Hortons
Cafe
550 3 St SE
0.9 km
Medicine Hat High School
School
200 7 St SW
1.0 km
Connaught School
School
101 St SW
1.0 km
Farros Pizza
Restaurant
11 7 St SE
1.3 km
Safeway
Pharmacy
615 Division Ave SE
1.4 km
More Details?
Darin Vaza
  • Darin Vaza
  • RE/MAX Complete Realty
  • 403-660-8719
  • WebSite