10117, 102 Avenue Lac La Biche, Lac La Biche, Alberta, CA

Property Overview

Have you ever wanted to own and operate your own bar? Opportunity awaits for you in Lac La Biche, Alberta. With people looking for places to go, this relatively new building (2017) offers 3 rental bays, plus the opportunity to step in and create your own business in the already existing pool hall (see more below)About the building… The footprint of this building is 64’x64’ on a 75’x120’ fully paved commercial lot. The 4,096 sq.ft. ground floor consists of two rental bays, (1,270 sq.ft) and (2,700 sq.ft) both under a 3-year lease agreement.The 2nd floor consists of a pool hall with an 84-seat capacity eating and drinking establishment currently operated by the building owner and zoned as such. The 2nd storey also features a balcony on the streetside where customers can sit outdoors and enjoy the views of Lac La Biche lake, or the back deck where a large commercial BBQ is utilized for private functions or special events.The 3rd storey is a one bedroom/ 2 bathroom, penthouse style apartment with rooftop private deck and gazebo facing Lac La Biche lake. This apartment is suitable to use a manager’s living quarters or can be rented separately as it has its own private entrance.The main floor tenants currently have 3-year term tenancies, and the penthouse apartment is currently rented on a month-to-month basis. Financial information is available with the signing of a non-disclosure agreement.About the pool hall… this place comes furnished with mostly everything you see (a few items negotiable or not included). The location is central and potential is enormous as Lac La biche is currently lacking in some exciting night life. There is a huge stage in the corner for bands to play, plenty of space for the pool tables which are included, plus some space to make cozy sitting areas and also a great sitting area on the balcony for those warm summer nights. This property has been designed to maximize the lot, the building space, views of the lake and even the parking. With revenues already built-in to offset your mortgage, running your business on the second floor is really a no-brainer! (id:51532)

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