5140 51 Av, Wabamun, Alberta

$849,000

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5,400

Square feet

0.37

Acres

About 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:36535)

Features of 5140 51 Av

Listing # E4355726
Price $849,000
Bathrooms 0.00
Square Footage 5,400
Acres 0.37
Year Built 1962
Type Business

Community Information

Address 5140 51 Av
Subdivision Wabamun
City Wabamun
Province Alberta
Postal Code T0E2K0

Amenities

Features Corner Site, Lane
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Tim A. Hennigar Of Century 21 All Stars Realty Ltd

Listing Map