776 And 780 8 Street Sw, Medicine Hat, Alberta T1A 4M5 (27101022)
776 And 780 8 Street Sw Medicine Hat, Alberta T1A 4M5
$1,600,000
Rare opportunity to acquire 3 businesses (portfolio sale of Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included. All businesses and inclusions of the sale are sold together (portfolio sale). Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres and right across from a well known hotel, Econolodge inn and suites.Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated.Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city. ** Inventory not included in the listed price**Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom.Hotel across the street (Econolodge inn and suites) is also available for sale. Kindly see MLS Listing A2144903 for the portfolio sale. (id:36938)
Business
| Business Type | Accommodation, Restaurant, Retail and Wholesale |
| Business Sub Type | Hotel/motel, Restaurant, Liquor Store |
Property Details
| MLS® Number | A2144925 |
| Property Type | Business |
| Features | Visual Exposure |
| Plan | 0512798 |
| Road Type | Paved Road |
Building
| Constructed Date | 1953 |
| Type | Commercial Mix |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | C-h |
https://www.realtor.ca/real-estate/27101022/776-and-780-8-street-sw-medicine-hat
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 27 2024 10:05:57
Calgary Real Estate Board
RE/MAX Complete Realty