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Home AB Camrose
4919 47 Street
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4919 47 Street $1,200,000
$1,200,000
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4919 47 Street
Camrose, Alberta T4V1J9

MLS® Number: A2209789

Listing Description

Property Overview:This Commercial Property boasts an Established Restaurant (The Marrow) on the main level and offers additional space on the upper level and in the basement, providing excellent opportunities for expansion or alternative use. Perfectly situated within walking distance of Camrose’s bustling Main Street, this location is ideal for entrepreneurs looking to capitalize on foot traffic and community engagement. This established restaurant is licensed for 180 patrons as well as 26 patrons for the patio section. The basement was at one time also licensed for 180 patrons. Main Level: Restaurant (The Marrow)Established Restaurant with a loyal customer base.Modern kitchen equipped with commercial-grade appliances.Inviting Dining Area with ample seating capacity.High-quality sound system installed for ambiance and events.Recent upgrades to electrical boxes ensuring safety and compliance.Well-maintained interior décor with a warm and welcoming atmosphere.Basement: Open Space, which could be used for Catering Weddings, Wedding Planners, Events, So Many Possibilities.Spacious, open layout perfect for storage, additional dining, or events. Dancing, Private Casino etc.Potential for conversion into a banquet area, bar, or other creative endeavors.Easy access from the main floor.Upper Level: Open SpaceVersatile upper-level space that can be utilized as office space, additional dining, or apartments.Great opportunity for rental income or hosting private events.Ample natural light with potential for interior enhancements.Additional Features:Prime location with high visibility and traffic.Opportunity for various business ventures, including retail, office space, or art studios.Parking available nearby, ensuring convenience for customers and staff.Investment Potential:This property represents an excellent investment opportunity in a growing area. The established restaurant’s success, combined with the potential of the open spaces, provides mult iple avenues for revenue generation.Camrose is approx. 45 mins to Edmonton Airport. Kayaking in the Summer, over 30 km walking/hiking trails. Hockey, gymnastics club, dance for kids, many bistros. Daycares, jobs. Camrose has SO much to Offer! Invest in this Opportunity! (30355118)

Property Summary

Property Type
Business
Community Name
Downtown Camrose
Subdivision Name
Downtown Camrose
Land Size
Unknown
Built in
1910
Annual Property Taxes
$7,923.04
Total Parking Spaces
15
Time on REALTOR.ca
28 days

Building

Heating & Cooling
Heating Type
(Natural gas)
Exterior Features
Exterior Finish
Brick
Business
Business Type
Other (Other), Restaurant (Restaurant)
Parking
Total Parking Spaces
15

Measurements

Square Footage
12439 sqft
Total Finished Area
12439 sqft
Exterior Building Size
12439 sqft

Land

Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
Karin Vassberg