Courtesy of Tim A Hennigar of Century 21 All Stars Realty Ltd

5140 51 Avenue
Wabamun Wabamun T0E 2K0

$849,000
Business with Property

Main Photo: 5140 51 Avenue: Wabamun Business with Property for sale : MLS®# E4355726
Photo 1: 5140 51 Avenue: Wabamun Business with Property for sale : MLS®# E4355726
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Status:
Active
Prop. Type:
Business with Property
MLS® Num:
E4355726
Bus Major:
Accommodation/Travel and Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Mixed Use
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
Price Incl.:
Contracts, Equipment/Machinery, Fixtures, Trade Name
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Business with Property
Business Name:
Wabamun Hotel
Major Bus Type:
Accommodation/Travel and Tourism
Minor Bus Type:
Hotel/Motel
Bus Op Since:
1962
Construction:
Wood Frame, Mixed, Precast
Building Type:
Mixed Use
# Bldgs:
1
# Units:
0
Year built:
1962 (Age: 62)
Total Floor Area:
5,400 sq. ft.
Lot Area:
0 sq. ft.
Lot Depth:
125'
Lot Frontage:
129'
Plan:
5680AC
Title to Land:
Freehold
LINC Number:
0016658700
Corner Site, Back Lane
None Known
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
Central A/C, Hot Water
Num. of Parcels:
1
Days On Website:
297 day(s)
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Data was last updated June 17, 2024 at 06:30 AM (UTC)
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