Courtesy of Tim Hennigar of Century 21 All Stars Realty Ltd.
Data was last updated 2024-04-29 at 03:54:34 GMT
$849,000

5140 51 AV   Wabamun, AB

MLS®: E4355726
URL:    
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
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

Listing Information

Prop. Type:
Business with Property
Status:
Active
City:
Wabamun
MLS® Number:
E4355726
Neighbourhood:
Wabamun
Area:
Parkland
Province:
AB
Listing Price:
$849,000

General Information

Year Built:
1962
Zoning/Land Use Code:
For Sale
Region:
Parkland

Additional Information

Plan:
5680 AC
Legal Block:
6
Legal Lot/Unit:
1-5

Other Information

Land Size Hectares:
0
Major Business Type:
Accommodation/Travel and Tourism
Building Type:
Mixed Use
Site Influences:
Corner Site, Back Lane

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This property is listed by Tim Hennigar of Century 21 All Stars Realty Ltd and provided here courtesy of Kyle Rossiter. For more information or to schedule a viewing please contact Kyle Rossiter.
Kyle Rossiter
MaxWell Polaris
Phone: 780-450-6300
Mobile Phone: 780-637-4760
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.