Courtesy Of Raj Sidhu Of Royal Lepage Summit Realty

306 3 St, Blue Ridge, AB

$499,000

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10,107

Square feet

0.67

Acres

About 306 3 St

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.

Features of 306 3 St

MLS® # E4377058
Price $499,000
Square Footage 10,107
Acres 0.67
Year Built 1977
Type Business with Property
Sub-Type Accommodation/Travel and Tourism
Style Hotel/Motel

Community Information

Address 306 3 St
Area Woodlands
Subdivision Blue Ridge
City Blue Ridge
Province AB
Postal Code T0E 0B0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Wood Frame, Post & Beam

Additional Information

Date Listed March 14th, 2024
Zoning C
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Raj Sidhu Of Royal Lepage Summit Realty

Listing Map