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Courtesy of Raj Sidhu of Royal Lepage Summit Realty.

306 3 ST

Blue Ridge, AB T0E 0B0
  • $499,000
  • STATUS: Active
  • ID#: E4377058
$499,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,107
    SQFT
  • $49
    $/SQFT
Neighbourhood:
Type:
Business Opportunity
Built:
1977
Area:

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.

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© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-05-18T23:36:38.53 UTC.
Mortgage Calculator is provided by BoomTown.
www.smlxlhomesearch.com/homes/148586684
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306 3 ST Blue Ridge, AB T0E 0B0

  • Price: $499,000
  • Status: Active
  • On Site: Days
  • ID#: E4377058
0
Beds
0
Baths
0
½ Baths
0.67
Acres
10,107
SQFT
$49
$/SQFT
1977
Built
Neighbourhood:
Blue Ridge
Area:
Woodlands
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.
Property Features

Land Use Zoning C Major Business Type Accommodation/Travel and Tourism Minor Business Type Hotel/Motel Property Type Details Business with Property Transaction Type For Sale

© 2024 REALTORS® Association of Edmonton. All Rights Reserved.
Mortgage Calculator is provided by BoomTown.


© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-05-18T23:36:38.53 UTC.
Mortgage Calculator is provided by BoomTown.
 
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