INVESTMENT OPPORTUNITY! Profitable Multi-Business Commercial Building in the Heart of Downtown Leduc. This well-established commercial property offers a rare investment opportunity in a prime location. The property includes a western-style hotel featuring 20 guest rooms (majority on monthly lease), a charming saloon bar offering 178 seats, pool table, 15 VLTs, and live entertainment, a thriving restaurant, and a separate commercial building space - all situated on a spacious lot with plenty of parking. Multiple income streams make this an attractive investment: the hotel and bar are currently owner-operated, while the restaurant and commercial space generate steady lease income, both occupied with long-term tenants. Located in the bustling heart of downtown Leduc, this property presents a great opportunity for investors looking for solid cash flow and future growth potential. Don’t miss out! (id:51989)
Features of 4820 50 Av
- MLS® Number E4407760
- Price $2,299,000
- Square Footage: 18466 sqft
- Neigbourhood: Central Business District (Leduc)
Business
| Business Type | Accommodation | Business Sub Type | Hotel/motel |
Buildings
| Constructed Date | 1949 | Size Interior | 18466 Sqft |
Land
| Acreage | No | Size Irregular | 25824 |
| Size Total | 25824 Sqft | Size Total Text | 25824 Sqft |
Agents and Offices
- Elizabeth Hickey
- Terri L. Drynan
- Shelley D. Dolen
- Office: RE/MAX Real Estate