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Courtesy of Tim Hennigar of Century 21 All Stars Realty Ltd.

5140 51 AV

Wabamun, AB T0E 2K0
  • $849,000
  • STATUS: Active
  • ID#: E4355726
UPDATED: 68 min ago
$849,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $157
    $/SQFT
Neighbourhood:
Type:
Business Opportunity
Built:
1962
Area:

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

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© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-02-28T18:36:39.893 UTC.
Mortgage Calculator is provided by BoomTown.
www.smlxlhomesearch.com/homes/142796470
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5140 51 AV Wabamun, AB T0E 2K0

  • Price: $849,000
  • Status: Active
  • On Site: Days
  • Updated: 68 min ago
  • ID#: E4355726
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,400
SQFT
$157
$/SQFT
1962
Built
Neighbourhood:
Wabamun
Area:
Parkland
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
Exterior Features

Site Description Corner SiteBack Lane

Property Features

Land Use Zoning C1 Major Business Type Accommodation/Travel and Tourism Minor Business Type Hotel/Motel Property Type Details Business with Property Transaction Type For Sale

© 2024 REALTORS® Association of Edmonton. All Rights Reserved.
Mortgage Calculator is provided by BoomTown.


© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-02-28T18:36:39.893 UTC.
Mortgage Calculator is provided by BoomTown.
 
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