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5140 51 AV
Wabamun Alberta T0E2K0 Canada

$849,000

Active Listing ID E4355726
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5,400 square feet
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Business

$849,000

Active Listing ID E4355726
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5140 51 AV 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 (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/20/2024 10:55:13 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: TimHennigar, Salesperson, Century 21 All Stars Realty Ltd

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