107 Main Street E, Paradise Hill   ||   $1,675,000

DETAILS

MLS® NUMBER A2071364
BUILDING TYPE Retail
PROPERTY CLASS Commercial
YEAR BUILT 1975
BASEMENT None
GARAGE No
TOTAL PARKING 30
Turnkey business opportunity. This profitable Bar and Hotel is meticulously maintained and efficiently managed to achieve a high level of service and success. Features of the Bar include: brand new commercial grade kitchen installed containing, grill, refrigerator, freezer, fryers, pizza ovens, hood ventilation, ice maker, dishwashers, sinks and prep areas. Smokin\' Lens Bar is a 120 occupancy lounge area with 10 VLT\'s, dance floor, large W/I cooler, tables and seating, owned ATM machine (providing strong additional income), large sit up bar and serving counter, and a separate licensed off sales store (again strong additional income). Hotel portion is 10 rented rooms with beds, full baths, TV\'s, bar fridges/microwaves, commercial laundry and supply room, separate entrances and fully finished. Hotel maintains a very good occupancy rate year round and is a hub for the area as the only hotel and bar within a good sized radius. The managers suite is a full 2-bedroom home, double car garage, full bath, renovated kitchen, dining and living room. The building is in great condition and the many upgrades include, a new commercial membrane roof in 2012, new mechanical boiler and hot water system in 2020, new registers/scanners inventory equipment and vinyl windows. The building comes on 5-lots providing plenty of parking and great access. This opportunity provides multiple streams of income, with the lounge, hotel, VLT\'s, off sales store, and ATM.
Listing Brokerage: MUSGRAVE AGENCIES

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