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Active
$450,000
MLS® #A2320585
- 3,462 Sqft
- 3,600 square feet
- Built 1941
- Business
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
Rare opportunity to acquire a fully operational restaurant business with ownership of the real estate in the growing community of Vermilion. This well-established property offers a turnkey operation with all modern kitchen equipment, restaurant furnishings, operating equipment, and menus included, allowing for an immediate and seamless takeover. The property also features a spacious 3-bedroom apartment, ideal for owner occupancy, staff accommodation, or additional rental income. The restaurant is fully equipped and ready for continued operation, making it an excellent opportunity for owner-operators, family businesses, or investors seeking a hospitality investment. Strong potential exists to increase sales through expanded operating hours, enhanced marketing, catering services, delivery platforms, and menu diversification. Whether you are an experienced restaurateur or looking to enter the food service industry, this property offers the infrastructure and flexibility to grow the business to the next level. (id:66619)
Features
Interior
3,462 sqft
Lot
3,600 square feet
Year Built
1941
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
