Courtesy Of Tim Hennigar Of Century 21 All Stars Realty Ltd.
5140 51 Av. Wabamun, AB T0E 2K0
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
5140 51 Av - Subdivision Statistics
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Essential Information
- MLS® #E4355726
- Price$849,000
- Square Footage5,400
- Acres0.00
- Year Built1962
- TypeBusiness with Property
- StyleHotel/Motel
Community Information
- Address5140 51 Av
- AreaParkland
- SubdivisionWabamun
- CityWabamun
- ProvinceAB
- Postal CodeT0E 2K0
Interior
- HeatingCentral A/C, Hot Water
Sub-Type
Accommodation/Travel and Tourism
Amenities
- FeaturesCorner Site, Back Lane
Exterior
- ConstructionWood Frame, Mixed, Precast
- Site InfluenceCorner Site, Back Lane
Listing information last updated on April 27th, 2024 at 11:31am MDT.