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Courtesy of Elizabeth Hickey and Terri L Drynan of RE/MAX Real Estate

4820 50 Avenue
Central Business District (Leduc) Leduc T9E 6X9

$2,299,000
Business with Property

Main Photo: 4820 50 Avenue: Leduc Business with Property for sale : MLS®# E4407760
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Status:
Active
Prop. Type:
Business with Property
MLS® Num:
E4407760
Bus Major:
Accommodation/Travel and Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Commercial Mix
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!
Transaction Type:
For Sale
Property Type:
Business with Property
Major Bus Type:
Accommodation/Travel and Tourism
Minor Bus Type:
Hotel/Motel
Construction:
Brick/Masonry, Wood Frame, Mixed
Building Type:
Commercial Mix
# Units:
0
Year built:
1949 (Age: 75)
Total Floor Area:
18,466 sq. ft.
Lot Area:
0 sq. ft.
Plan:
9222155
Title to Land:
Freehold
LINC Number:
0023059710
Num. of Parcels:
1
Days On Website:
14 day(s)
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Data was last updated October 8, 2024 at 02:30 PM (UTC)
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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