Real Estate
Taber, AB
70 GH1 The New Grand Hotel - Fairview, AB
Lantic Inc, 5405 64 St
Google Pin: https://goo.gl/maps/wjc7wMY987TxdfRx820H0001
$295,000
Realtor Info:
Moores Realty Ltd.
Cathy Pohl or Trent Wirsig
780-696-2249
Email: cathy@mooresrealty.ca
View PDF of Property Information Package
This item is "Unreserved" and sells "As-Is, Where-Is" to the highest bidder.
The Grand features a tavern, restaurant (currently leased), 19 hotel rooms, 1 bedroom apartment, small retail space & storage/mechanical in basement.
The Tavern is complete with pool table, ATM, dance floor & stage, VLTs. Note Buyer will need to obtain licences to operate tavern & maintain VLT operation.
Large Restaurant area includes walk-in cooler & freezer.
Hotel rooms are in various states of condition/repair & most use shared bathroom facilities. 8 rooms have insuite bathrooms.
DEVELOPMENT POTENTIAL - There is potential to develop upper level into apartments or to redevelop the land, if zoning requirements are met. Opportunities are endless.
See included Land use bylaw for Primary Commercial.
Note: Buyer will be required to obtain from the Alberta Gaming & Liquor Commission:
- Liquor license to continue operating the Tavern
- Will also require a liquor license for Off Sales Room if planning on reopening
- Gaming license to maintain the VLT operation
- Contact info for the Alberta Gaming & Liquor Commission:
- Website: http://aglc.ca/
- Head Office - 50 Corriveau Ave.
St. Albert, AB T8N 3T5
Tel.: 780-447-8600
Toll Free: 1-800-272-8876
Fax: 780-447-8989
- Located in the heart of the vast area known as the Peace Country, Fairview is a friendly farming community with gas and oil and the GPRC Fairview Campus College which offers variety of Trades & Technology Programs.
Amenities offered in Fairview include
- retail shopping & restaurants
- banks - ATB, CIBC, RBC, Credit Union
- machinery and auto dealerships
- Personal services
- GPRC - Fairview College
- Fairview Health Complex home of Fairview Hospital
- Fairview Aquatic Center
- Fairplex Arena
- Fairview Golf course
- Fairview Ski Hill
- At the intersection of Highway 2 and Highway 64A Fairview is 82 km southwest of Town of Peace River & 115 km north of Grande Prairie.
| MUNICIPAL ADDRESS | 10105-110 STREET, FAIRVIEW
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| LEGAL PLAN | 572EO BLOCK 2 LOT 5,6,7
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| SIZE (APPROX) | EACH LOT IS 35 FT X 120 FT - TOTAL 12,600 SQ FT (0.289 ACRE)
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| AGE OF BUILDING | 1950 WITH ADDITION IN 1977
|
| BLDG SQ FT | MAIN FLOOR - APPROXIMATELY 9874 SQ FT
SECOND FLOOR- APPROXIMATELY 7565 SQ FT
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| TAXES (2019) | $9,709.91
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| MUNICIPALITY | TOWN OF FAIRVIEW
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| ZONING | PRIMARY COMMERCIAL - C1
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| DEPOSIT | $10,000
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| POSSESSION | 26 MAY 2020 (SELLER WILLING TO CLOSE EARLIER)
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