Address
306 3 ST, Blue Ridge, AB
Price
$ 499,000
Property Attributes
  • ID#E4377058
  • TypeCommercial
  • CountyRLP - 262 - EDMONTON
  • CityBlue Ridge
  • AreaWoodlands
  • NeighborhoodBlue Ridge
  • ZipT0E 0B0
  • StyleCommercial Business
  • Price$ 499,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
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.

General Features

Property Sub Type Commercial Business
Terms SALE
Neighbourhood Blue Ridge

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T0E 0B0

Price
AVG $500K
$500K
Visits
AVG 4
3
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1977