$ 849,000
5140 51 AV Wabamun, AB T0E 2K0
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$ 849,000
Est. payment | /mo
5,400 SqFt
$ 849,000
Est. payment | /mo
5,400 SqFt
Key Details
Property Type Commercial
Sub Type Business with Property
Listing Status Active
Purchase Type for sale
Square Footage 5,400 sqft
Price per Sqft $157
MLS® Listing ID E4355726
Year Built 1962
Property Description
Small-town retro 10 room hotel For sale. Just 40 minutes west of Edmonton. This unique property offers a nostalgic journey back to the vibrant spirit of the 1960s, while also being perfectly positioned in a community that is experiencing remarkable growth. This long established business generates reliable consistent sales with an opportunity for much more! Several income streams here, VLTs (2 more coming) Restaurant is on a monthly lease, room rental income and of course the Tavern. The hotel is looking for a new owner who can capture the growth of the community, and offer a cool lakefront experience. The Village of Wabamun has seen the introduction of new business' moving into town, as well as vacation property occupants and permanent residents moving in to get away from the hustle and bustle of the city. Theres lots a new owner can do here to get this to the next level. The building has been well maintained and is of solid construction, with good bones, just needs a facelift
Location
Province AB
Community Wabamun
Area Parkland
Others
Restrictions None Known
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Tim Hennigar • Century 21 All Stars Realty Ltd
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "