Description
The Iron Wheel Inn, located in Entwistle, Alberta, offers a prime location on main street and a proven track record of success. This family-run business includes a variety of amenities such as a commercial kitchen with a café/dining room, a pub with 3 VLTs, a liquor store outlet, hotel accommodations, and a luxurious 2 bedroom, 2 bathroom 1500 sq ft apartment.
The property for sale includes a fully renovated historical heritage building of approximately 9000 square feet situated on 5 lots. The building has undergone extensive renovations over the past 12 years, with over $600,000 spent on materials alone. The building features new amenities such as a walk-in cooler, furnaces, HVAC systems, updated wiring, doors, windows, and plumbing. This is a truly unique gem that will stand the test of time for another 100 years.
Owners are looking to retire.
Entwistle's economy is driven by both the oil and gas industry and the growing tourism sector. The town's location at the intersection of the Yellowhead Highway and Highway 22, as well as its proximity to Pembina River Provincial Park, make it a popular destination for tourists. Recently, Entwistle's tourism industry has seen a significant boost as more and more people discover the town's picturesque stretch of the Pembina River, which offers ideal conditions for tubing and attracts thousands of visitors every weekend during the summer.