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112 1 Street N, Lomond
2025-11-17
Quick Summary
- Location
- 112 1 Street N, Lomond, Alberta T0L1G0
- Price
- $120,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 4164 sqft
- Year of Construction:
- 1931
MLS®#A2270617
Property Description
Located in an established farming community, Lomond offers the warm, friendly atmosphere small towns are known for — and it's just a short drive from great recreational destinations like Little Bow Provincial Park, Badger Lake, and McGregor Lake. This property features a well-known bar/pub space that has long served as a gathering place for locals and visitors. Inside, you’ll find a roomy bar area, a dedicated pool table space for friendly competition, and a dance area perfect for events, celebrations, and community nights out. Whether serving cold drinks after work or hosting weekend entertainment, this space is ready for its next chapter. The upper level includes additional rooms with excellent potential — consider developing a small hotel setup or rental accommodations to generate extra income. Previously operated as a successful business, this building holds plenty of opportunity for an entrepreneur ready to bring new life to a much-loved spot. Adding even more value, this listing includes the vacant commercial lot next door, approximately 6,000 sq ft — ideal for expansion, parking, or future development. If you’re looking to establish or grow a business in a welcoming rural community with recreation just minutes away, this could be the perfect fit. Building, land, and remaining equipment are included in the sale. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 4164 sqft
Land
- Land Size: 18000 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Zoning
- Description: C
Information entered by Magnuson Realty Ltd
Listing information last updated on: 2025-11-17 16:27:41
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
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