Address
7159 50 Avenue Red Deer, AB
Price
$ 399,000
Property Attributes
  • ID#A1136228
  • TypeCommercial
  • CityRed Deer
  • NeighbourhoodPines
  • Postal CodeT4N 4E4
  • Style
  • Price$ 399,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6120
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Cameron Tomalty with RE/MAX Commercial Properties
Data Source:
RLP - CREA EN
Property Description

Looking to run your own restaurant? This is your opportunity. Well established restaurant with large loyal client base is for sale. The owner of the Ranch House Restaurant & Bar is looking to retire, and would like to transition a new owner into the business. There is an assumable lease, and affordable rates, and room for growth. The Ranch House was established in 1974 and specializes in Western Cuisine. The menu is varied, and contains appetizers to desserts. The restaurant seats u p to 100 people, with the lounge seating an additional 100, and the patio can hold up to 50 people on warm summer evenings. There are 48 parking stalls in the lot, with additional street parking close by. Upon pre qualification, and the execution of a NDA a diligence package including the current lease, four years of financials, chattels and inventory lists.

Exterior Features

Lot Size 43560
Jumpid 16010880

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T4N 4E4

Price
AVG $200K
$400K
Visits
AVG 510
50
Year Built
AVG 2009
2003
Walkscore
AVG 46
42
Data Provided by Walkscore ® not using MLS data

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