Status: Not an active listing on One Percent Realty

4907 48 Avenue

2021-07-06
Camrose

MLS®#A1026546

Property Description

This family style restaurant has been a part of the Camrose community for over 35 years, known for having a large menu and serving large portions consisting of a lot of home style recipes. It is located in a high exposure area, the corner of main street downtown, and on the main drag going through Camrose, highway 13. The restaurant is also close proximity to two performing arts centres, The Lougheed Center in the University, and The Bailey Theatre downtown, both just a couple blocks away. The restaurant, with the present amount of tables and chairs, is seated for 62 quests with a maximum capacity of up to 103 persons for the whole room. The majority of the business consists of smaller parties by walk-ins or by reservations to larger parties of 15-25 people on a regular basis, and take-out service business. The dining room and kitchen has been upgraded and maintained over the last 5 years, creating a pleasant and quiet atmosphere for guests to enjoy. Just like every restaurant that has struggled through the Covid phase over the past couple of years, the restaurant is pushing forward to get back to what it was before Covid. There is great potential for this restaurant, walking into a well-established business with a good client base or re-branding a new themed restaurant and taking advantage of the amenities and the location that this business has to offer. Note: The property is a lease and building is not included. (id:32467)

Information entered by RE/MAX Real Estate (Edmonton) Ltd.
Listing information last updated on: 2023-04-01 01:20:59

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