$300,000 FOR SALE

Business for Sale

14 Railway Avenue S
Lomond, AB T0L 1G0

For sale, a fully equipped turn-key restaurant and bar at 14 Railway Avenue South, Lomond, Alberta. This property features a recently renovated kitchen, a rebuilt and extended bar area, triple-insulated front wall, new front windows and back security door, updated electrical work, industrial vinyl plank flooring, new furnace and air conditioning, and fresh paint throughout. The space includes a stainless steel kitchen ventilation system with vertical exhaust, a range guard automatic fire extinguisher system (installed in 2012), and new stairs. With a seating capacity of 53 in the restaurant and 47 in the lounge/bar, there is also potential for VLTs and off-sales. The property draws from a 6,000+ population and is located near local amenities including a firehall, Canada Post, library, UFA, bank, Coop supply and service, skating rink, and curling rink. Ongoing local developments include a solar farm and 80 windmills, with close proximity to K-12 schools. This is a fantastic opportunity to own a well-established, fully renovated restaurant and bar in a growing community. (id:47423)

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Listed By Real Broker
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2192411
Last Updated Feb 06, 2025
Property Summary
Property Type Business For Sale

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Franchise Non-Franchise
Price History
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Detailed Information
Listing Contract Date 2025-02-06
Municipal ID 0039395307
Plan 918AY
Property Type Business
Transaction Type For sale
Zoning Description Non-Res-Improved Commercial
Building
Constructed Date 1951
Size (Exterior) 3261 square feet
Total Finished Area 3261 sqft
Type Retail
Land
Total Size Unknown

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