4822 50 St, Elk Point, Alberta T0A 1A0

Listed for:
$950,000
0 beds
0 baths
Listed 305 days ago
4822 50 St, Elk Point, Alberta T0A 1A0

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Listing provided by:
Property Plus Realty Ltd.
MLS® number:
E4349606
Agent:
Desiree C. Maas
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About

Successful family restaurant and lounge owned and operated since 1967 is located in downtown Elk Point - a high traffic area. The family has built a name for quality food and service and is ready to pass their business onto a new owner. Enjoy cooking in a top-notch kitchen for in-house customers or for a catering, a lounge with 10 VLT that generate a solid income and a banquet area complete with pool tables, DJ booth, dance area or room for games. The bathrooms - restaurant side and lounge side - have been fully renovated and are wheelchair accessible & gender neutral. The bar area can serve the lounge and banquet quests separately and each have access to bar coolers. The restaurant offers seating for 55, the lounge 30 and the banquet area 50. There's a double attached heated garage for easy access to deliverers and there's a ton of storage. This is the time to corner the market - this property has so much potential and the seller is willing to stay on for training purposes. Please check out this property (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby
Shopping

Location

Summary

Located in downtown Elk Point, this successful family restaurant and lounge has been a staple in the community since 1967. Situated in a high traffic area, the establishment has earned a reputation for top-quality food and service, and the current owners are now looking to pass the torch to a new owner.

The property boasts a top-notch kitchen, perfect for serving in-house customers or catering events. Additionally, there is a lounge equipped with 10 VLTs that generate a solid income, as well as a banquet area complete with pool tables, a DJ booth, and ample space for dancing or games. Both the restaurant and lounge bathrooms have been fully renovated and are wheelchair accessible and gender neutral.

The bar area is designed to serve both the lounge and banquet guests separately, with each area having access to bar coolers. The restaurant offers seating for 55, the lounge for 30, and the banquet area for 50. There is also a double attached heated garage for easy delivery access, as well as plenty of storage space.

With so much potential, this property is an excellent opportunity to corner the market. The seller is even willing to stay on for training purposes, making this an ideal chance for a new owner to take over and continue the legacy of this well-established establishment.

For those interested, this property is currently for sale and offers a land size of 7500 sqft. It is conveniently located on 4822 50 ST in Elk Point, Alberta, with a postal code of T0A1A0. Don't miss out on the chance to check out this incredible property!