2216 20th St - Hospitality FOR SALE


Delburne, AB T0M 0V0
$749,000 CAD
587-332-1310
2216 20th St, Delburne, AB for Sale
$749,000 CAD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

2216 20th St
Delburne, AB T0M 0V0


OVERVIEW

This sale includes the building, land, and the restaurant, liquor store, and lounge businesses, along with all associated equipment. Liquor inventory and Video Lottery Terminals (VLTs) are excluded. This hotel property features six elegantly appointed guest rooms and an inviting lounge area. This exceptional establishment also includes five Video Lottery Terminals (VLTs), a leased restaurant, a well-positioned liquor store, and a private living suite. As the only lounge venue in town, this property presents a unique opportunity for growth and strong revenue potential. A rare chance to invest in a thriving hospitality business with expansion possibilities.

FOR SALE DETAILS

PRICE

$749,000 CAD

PRICE/SF

$90 CAD /SF

# OF ROOMS

5

PRICE/ROOM

$149,800 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Delburne Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1928

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael (Hwa) JungFirst Place RealtyMore Info
587-332-1310

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Michael (Hwa) JungFirst Place RealtyMore Info
587-332-1310

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