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$ 7,987,500
Est. payment | /mo
2,588 SqFt
$ 7,987,500
Est. payment | /mo
2,588 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,588 sqft
Price per Sqft $3,086
MLS® Listing ID A2154164
Originating Board Central Alberta REALTORS® Association
Year Built 1980
Lot Size 160.000 Acres
Acres 6969600.0
Property Sub-Type Freehold
Property Description
Your chance to take the reins and continue on with this already successful business! Schott's Lake Conference & Resort is a natural Canadian paradise that sits on 160 acres of pristine land in Mountain View County. The East 80 acres is zoned Parks and Rec. It boasts its own 20 acre spring fed lake and all newly renovated 5-star restaurant/event facility ‘The Kitchen', motel, seasonal cabins and a recreational campground. All this makes for a diversified revenue stream. Schott's Lake is a year-round experiential travel and special event destination. Only 1.5 hour drive from Calgary.The restaurant/event facility can seat up to 250 people.The interior is finished with beautiful stone fireplaces and a rustic log interior. This main floor of this building hosts a five-star restaurant ‘The Kitchen' (complete with full commercial kitchen with new HVAC, exhaust fans, fryers, freezers, hot water tanks, ovens, mixers, smoker etc) and a lake-view balcony. On the lower level is a large conference space, 3 bathrooms with showers, a patio & an outdoor firepit area. Great for hosting Weddings, AGM's, team building events, workshops, reunions etc. Backup generator a bonus. Overnight accommodations include 54 campground sites (19 sites with 30 amp & water, 15 sites with 50 amp & water, 16 dry camping sites, 4 walk-in tent sites), 2 cabins, 1 travel trailer and a year-round 10 room motel. The campground has a water & dumping station along with 4 public washroom stations. Fully operational setup, which includes an adjacent 80 acre agricultural parcel (separately titled) with a gated on-site living accommodation with detached garage for an owner/manager and a secondary home (6 bed,2 bath) for staffA lot of work has gone into building this business and updating all of its facilities. Significant capital expenses ($10M+) Rapid increase in operating revenue and market awareness in recent years. (id:24570)
Location
State AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX real estate central alberta
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