LOADING


LOADING

$1,600,000

776 And 780 8 Street Sw, Medicine Hat, Alberta T1A 4M5 (27101022)

776 and 780 8 Street SW

Medicine hat, Alberta T1A4M5

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:50955)

Business

BusinessType Accommodation, Restaurant, Retail and Wholesale
BusinessSubType Hotel/motel, Restaurant, Liquor Store

Property Details

MLS® Number A2144925
Property Type Business
Features Visual Exposure
Plan 0512798
RoadType Paved Road

Building

ConstructedDate 1953
Type Commercial Mix

Land

Acreage No
SizeTotalText Unknown
ZoningDescription C-h

Jessica Puddicombe

Owner/Realtor®

Nicole Jensen

Realtor®

Listing Courtesy of:


RE/MAX Complete Realty
201, 11450 - 29 Street S.e.
Calgary, Alberta T2Z 3V5

(403) 930-8555

Simon Choi
Associate

(403) 479-1472
RE/MAX Complete Realty
201, 11450 - 29 Street S.e.
Calgary, Alberta T2Z 3V5

(403) 930-8555

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