$499,000
306 3 ST Blue Ridge, AB T0E 0B0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$499,000
Est. payment /mo
10,107 SqFt
Key Details
Property Type Commercial
Sub Type Business with Property
Listing Status Active
Purchase Type for sale
Square Footage 10,107 sqft
Price per Sqft $49
MLS® Listing ID E4377058
Year Built 1977
Lot Size 7 Sqft
Acres 0.67
Property Description
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.
Location
Province AB
Community Blue Ridge
Area Woodlands
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Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Raj Sidhu • Royal Lepage Summit Realty
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Alexander Lobkov
REALTOR® | License ID: Residential
REALTOR® License ID: Residential