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 (all on monthly lease), a charming saloon bar offering 178 seats, pool table, 15 VLTs, and live entertainment, a thriving restaurant, & 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 & bar are currently owner-operated, while the restaurant generate steady lease income, occupied by long-term tenant. Located in the bustling heart of downtown Leduc, this property presents a great opportunity for investors looking for solid cash flow & future growth potential. Dont miss out! (id:51989)
Features of 4820 50 Ave
- MLS® Number 44479943
- Price $2,299,000
- Square Footage: 18466 sqft
Buildings
| Constructed Date | 1949 | Size Interior | 18466 Sqft |
Land
| Acreage | No | Size Irregular | 25264.8 |
| Size Total | 25264.8 Sqft|1/2 - 1 Acre | Size Total Text | 25264.8 Sqft|1/2 - 1 Acre |
Agents and Offices
- Elizabeth Hickey
- Office: RE/MAX Real Estate