$499,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Total Area: 10,107 ft2

306 3 St
Blue Ridge, AB T0E 0B0

Blue Ridge Hotel Restaurants & Lounge is an excellent investment opportunity or a family operation in the Hamlet North West of Edmonton. This well-maintained building is an over 10,000 SF. Two story building with a 10-room Hotel, 3 VLTs, 44 seating capacity Restaurant, and a 123 person lounge. The lounge and restaurant are always busy with local traffic and workers from the lumber mill(Blue Ridge Lumber Inc. employs over 500 workers). The Hamlet also offers services to the oil and gas industry and surrounding agricultural community. There is a local need for a convenience store and can be a lucrative addition here. for local and highway traffic. There's a lot a new owner can do here to get this to the next level. Financial statements are available for serious buyers. (id:47423)

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Listed By Royal Lepage Summit Realty
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4377058
Last Updated Mar 14, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Neighbourhood Blue Ridge
Price History
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Detailed Information
Total Area 10,107 ft2
Listing Contract Date 2024-03-14
Municipal ID ZZ999999999
Property Type Business
Transaction Type For sale
Business
Business Type Accommodation
Business Subtype Hotel/motel
Building
Constructed Date 1977
Land
Total Size 29185.2 square feet
Size of Irregular Land 29185.2

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