The Opportunity

Overview

This is a one of a kind opportunity for anyone interested in the hospitality world. With two separate spaces designed, one as a pub with VLT's, pool tables, dart boards and a juke box, the other as a restaurant, both serviced by a shared kitchen. Everything is set up and ready to go! All utilities are included in the rent, as well as municipal taxes, garbage removal and even the maintenance is included! But the best part is that the Ramada has a contract ready for the future operator to provide breakfast for all the hotel guests, with an amount making this place close to rent free! It has a large patio ready for the summer months, and trails for snowmobilers to stop in for a cold one and park their sled right outside the window! So much opportunity in this location! (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 7,000 square feet
Listing brokerage: RE/MAX ADVANTAGE (WHITECOURT)
Listing representative: Jim Rennie
Board / association: Alberta West

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Financial information

Asking price$8,000

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Location intelligence

5420 49 Avenue
Whitecourt, Alberta T7S1P3

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Documents

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From interest to a decision

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29159625
Last supplied (UTC): June 17, 2026
Listing brokerage: RE/MAX ADVANTAGE (WHITECOURT)
Listing representative: Jim Rennie
Board / association: Alberta West

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Listing brokerage: RE/MAX ADVANTAGE (WHITECOURT) · Listing representative: Jim Rennie · Board/association: Alberta West · Updated (UTC): Jun 17, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

Business opportunity