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$425,000 total
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
92%
Year Built
1974
Lot Size
0.28350000000000003 ac
Incredible opportunity to own a one‑of‑a‑kind small‑town gastro pub with a fantastic atmosphere and huge growth potential. Currently operating limited hours, leaving significant upside for an ambitious owner. This 4,170 sq. ft. building includes a 170‑seat restaurant/saloon/bar, plus 2‑bedroom owner’s living quarters.The venue features a dance floor with high‑fidelity sound system and club lighting, dimmable LED lighting, 2 pool tables, and stylish finishes including purple glitter epoxy tables and matching bar. The fully equipped kitchen offers high‑quality commercial equipment, while beer taps are keg‑fed from a walk‑in cooler.Additional space includes a basement third bedroom currently set up as a tattoo studio. Alcove for housing 3 VLTs (would have to apply to AGLC for them). A rare, turn‑key business with no comparable competition for miles—ideal for hospitality entrepreneurs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$27K
Annual cash flow
$3K
Cash-on-cash
2.46%
DSCR
1.13
Going-in cap
6.28%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
71,158
Households
29,553
Median income
$114,500
Median age
34.1
Daytime population
85,796
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Westlock.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.