Description

Great opportunity in the thriving community of Westlock. Located 50 min north of Edmonton. Popular hotel with 17 hotel rooms ( several different floor plans, all with bathroom and some with kitchenettes ) with all 17 currently rented out by the month. Great opportunity with rental market as strong as it is. Barber shop ( long term lease...great tenant ), full bar with pool table, games and 8 VLTs. 2 tiered restaurant is fully equipped with all equipment including walk in freezer, walk in cooler, stove, ovens, stand up coolers, dishwasher and much more ( Restaurant currently leased out with long term lease...Great tenants ). NEW BOILERS (2) and HOT WATER TANKS (3) in 2021. Located right on Westlocks busy main street, close to major banks, shopping, medical and much more....Great location. Located on 3 lots with additional access to parking lot located just behind hotel ( lot 19 ). The hotel is looking for a new owner who can capture the growth of the community of Westlock. Great potential here!!!!

Listing Provided By

Courtesy of Michael S Herrick of RE/MAX Real Estate

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