Courtesy of Desiree C Maas of Property Plus Realty Ltd.

4822 50 Street
Elk Point Elk Point T0A 1A0

$950,000
Business with Property

Main Photo: 4822 50 Street: Elk Point Business with Property for sale : MLS®# E4349606
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Status:
Active
Prop. Type:
Business with Property
MLS® Num:
E4349606
Bus Major:
Food & Beverage
Bus Minor:
FB - Banquet
Build. Type:
Street-Level Storefront
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
Price Incl.:
Equipment/Machinery, Fixtures, Goodwill, Trade Name
Transaction Type:
For Sale
Property Type:
Business with Property
Business Name:
Empress Lounge
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Banquet
Bus Op Since:
1967
Construction:
Brick/Masonry, Concrete
Building Type:
Street-Level Storefront
# Units:
0
# Storeys:
1.0
Year built:
1978 (Age: 46)
Total Floor Area:
6,271 sq. ft.
Lot Area:
0 sq. ft.
Lot Depth:
125'
Lot Frontage:
60'
Heating Source:
Natural Gas
Plan:
5389CL
Title to Land:
Freehold
LINC Number:
0016845423
High Traffic Area, Level Land, Shopping Nearby, Back Lane
Services Connected:
Electricity, Fully Serviced, Garbage Collection, Natural Gas, Telephone, Street Lighting, Sidewalk, City Water
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Num. of Parcels:
1
Days On Website:
468 day(s)
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Data was last updated October 22, 2024 at 04:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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