$790,000.00 3,600 Sq.ft

5032 50 Avenue , Rimbey. T0C 2J0

Description

This family owned and operated full-service restaurant and lounge is a turnkey operation currently turning a good profit. The building was originally built in 1958 and was significantly renovated four years ago. These renovations include an interior remodel consistent with a full-service restaurant/lounge with a commercial kitchen. All improvements exemplify excellent quality typical of modern construction. The restaurant has a seating capacity of 75 and the lounge has a seating capacity of 40 plus 5 VLT’s. The property includes an exterior patio that is fenced and fully secured. The hours of operation are 11 am to 9 pm and closed on Mondays. It is located in a high traffic area on the main drag going through Rimbey, Highway 53, surrounded by other retail, commercial and personal service establishments. This sale includes the business, the building with a basement, and the land. The adjacent vacant lot can be purchased with the restaurant MLS # 2026686.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2026520
City:Rimbey
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 3,600 sq.ft
Land Size:0.30 Acre
Listing Price:$790,000.00
Lease Rate:$0.00
Business Type: Restaurant Restaurant
Property Subtype:Business
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2023-02-20

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Coldwell Banker Ontrack Realty" listing brokerage.

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