5140 51 Av Wabamun, Alberta T0E 2K0

$849,000

Small-town retro 10 room hotel For sale. Just 40 minutes west of Edmonton. This unique property. The current owners are ready to retire. 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. Also note that there is an extensive new waterfront development plan. All rooms are clean and well maintained, and are being updated as needed. (id:42336)

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https://www.realtor.ca/real-estate/25984849/5140-51-av-wabamun-wabamun