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5140 51 Av Wabamun, Alberta T0E 2K0

5400 sqft

$849,000

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:42336)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number E4355726
Property Type Business
Neigbourhood Wabamun
Features Corner Site, Lane

Building

Constructed Date 1962
Size Interior 5400 Sqft

Land

Acreage No
Size Irregular 16240
Size Total 16240 Sqft
Size Total Text 16240 Sqft

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

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Tim A. Hennigar
Associate

(780) 434-4700
(780) 436-9902
www.century21.ca/tim.hennigar?

Century 21 All Stars Realty Ltd
312 Saddleback Rd
Edmonton, Alberta T6J 4R7

(780) 434-4700
(780) 436-9902

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