Listed By:
CIR Realty
Address
75 White Avenue, Bragg Creek, AB
Price
$ 2,288,000
Property Attributes
  • ID#A2116462
  • TypeCommercial
  • CityBragg Creek
  • Postal CodeT0L 0K0
  • StyleRetail
  • Price$ 2,288,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.639991 Acres
Data Source:
Pillar 9 Technologies
Property Description

**LAND, BLDG AND BUSINESS AND REDEVELOPMENT SITE IS FOR SALE** This is a multifaceted listing of a rare commercial property in Bragg Creek, Alberta. There is a fully functioning, high quality restaurant operation with an impeccable reputation ready for new ownership, as well as the potential down the road to redevelop the site with a larger commercial use such as a boutique hotel. The long term potential of this property is excellent, as it sits very close to the approved Gateway Village Development, a 12.6 acre master-planned mixed use resort style project. This beautiful hamlet has long been an escape for people to enjoy a weekend away from the city, a place to enjoy the outdoors and great food. The local area is known for its hiking, biking, camping, horseback riding and its quaint shops and restaurants. The tourism business has always been extremely vibrant in the area and it growing every year, with more and more people making the trip to Bragg Creek. The Bavarian Inn Restaurant in Bragg Creek is For Sale, located a short drive from the world famous Kananaskis Country recreational area and up against the foothills of the Canadian Rockies, it is a legendary staple in the Southern Alberta dining scene. Since the 1970’s the BAV TAV, also known as the Bavarian Inn Restaurant has been renowned for its service and consistent quality dining experience. The owners have continually maintained a solid reputation as a place you go for a casual dinner with the family or to book a party and celebrate a special occasion. The building and property are a gem and very well maintained, featuring a 3000sqft(+/-) purpose built restaurant with a dining room and a separate freshly renovated lounge/bar area. The wonderful wrap around patio serves both the dining room and the lounge. The kitchen is well laid out with lots of prep area and the equipment is in excellent repair, with a large walk-in cooler. The dining room has a warm and welcoming feel, with a great mix of table sizes that are well spaced for a comfortable dining environment. Lots of windows give you great natural light during the day for lunches and a wood burning fireplace completes the ambiance on the chilly nights. There are a few other exciting parts of this opportunity, like the potential to expand on the property if you chose to. The full basement could be built out as an event space or some other sort of venue or business, or as a living space for the owner. This is an opportunity that you really need to see to fully appreciate the potential of the property and business. Please call to arrange a private tour so you can see it for yourself.

Price History
3/28/2024 Listed $2,288,000

General Features

Zoning Com
Building Name The Bavarian Inn
Business Type Bar/Tavern/Lounge,Food & Beverage,Hospitality,Restaurant
Business Name The Bavarian Inn
Property SubType Business
Accessibility Features Exterior Wheelchair Lift
Transaction Type For Sale
Property Type Commercial
Subdivision Name NONE
Parking Total 27
Public Remarks **LAND,BLDG AND BUSINESS AND REDEVELOPMENT SITE IS FOR SALE** This is a multifaceted listing of a rare commercial property in Bragg Creek,Alberta. There is a fully functioning,high quality restauran
Structure Type Retail
Accessto Property See Remarks
Business YN Yes
Condo Type Not a Condo

Interior Features

Building Area Total SF 2924.00
Building Area Total Metres 271.65
Main Level Areas SquareFeet

Exterior Features

Inclusions To be mutually agreed to at the time of sale,and then attached to the Offer to Purchase as a Schedule “B”
Frontage Length 45.69M 149`11
Building Area Total 2924.00
Lot Size Acres 0.64

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T0L 0K0

Price
AVG $2.29M
$2.29M
Visits
AVG 47
46
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1974

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover