14 Railway Av - Storefront FOR SALE


Lomond, AB T0L 1G0
$240,000 CAD
825-305-4195
14 Railway Av, Lomond, AB for Sale
$240,000 CAD
Storefront - FOR SALE
1/19
null | Request Cap Rate

14 Railway Av
Lomond, AB T0L 1G0


HIGHLIGHTS

  • Frontage on Highway 845 (Railway Avenue West).
  • Great nearby amenities.
  • Close proximity to schools, Library, Town Hall and residential neighborhood.
  • Potential for VLTs and off-sales.
  • Draws from 6,000 +/- Population in District.

OVERVIEW

This is a fully equipped, recently renovated 3,261 sq ft restaurant and lounge in Lomond, Alberta, available immediately for $270,000. The property includes modern upgrades: bar extension, new kitchen ventilation, updated electrical, HVAC, flooring, and enhanced wall/paint finishes. Seating capacity is ~53 in restaurant + ~47 in lounge/bar, with potential for VLTs/off-sales, drawing from a ~6,000 population in the surrounding district.

FOR SALE DETAILS

PRICE

$240,000 CAD

PRICE/SF

$74 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,872 SF

ZONING

NRIC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mahmud RahmanBlackstone Commercial Real Estate Services Inc.More Info
825-305-4195

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Mahmud RahmanBlackstone Commercial Real Estate Services Inc.More Info
825-305-4195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.