Fully Renovated Pub, Cafe/Diner, Liquor Store Outlet and Hotel For Sale

$1,390,000.00
Location:
Entwistle, Alberta
Agent:
Shelley Croft (780) 668-3712

Description

Located in Entwistle, Alberta this well established business is in an excellent location on main street with a long and successful history. 

The Iron Wheel Inn is a family run business consisting of:

  • A commercial Kitchen with a Café/Dining Room.
  • A Pub with 3 VLTs
  • A Liquor Store Outlet
  • Hotel Accommodations
  • Luxurious 2 bedroom, 2 bathroom 1500 sq ft apartment 

The sale includes the fully renovated building approx 9000 sq ft on 5 Lots.  This historical heritage building has been meticulously renovated by the owner over the past 12 years inside and out with over $600,000 in materials alone.  There is new walk in cooler, furnaces, Hvac systems, all new wiring, doors, windows, plumbing etc. too many to list. This is a gem that will be here another 100 years.  

Owners are looking to retire. 

Entwistle's economy is supported by the nearby oil and gas industries. The tourism industry also plays a role in the local economy due to Entwistle's location at the approximate midpoint between Edmonton and Edson at the intersection of the Yellowhead Highway and Highway 22. Its tourism economy is seasonally supplemented by the nearby Pembina River Provincial Park. Entwistle is undergoing a tourism boom, as many have discovered that the stretch of the Pembina River that winds through Entwistle is ideal for Tubing and draws in 1000's of people every weekend in the summer months.