Courtesy Of Tim Hennigar Of Century 21 All Stars Realty Ltd
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
Features of 5140 51 Av
| MLS® # | E4355726 |
|---|---|
| Price | $849,000 |
| Square Footage | 5,400 |
| Acres | 0.00 |
| Year Built | 1962 |
| Type | Business with Property |
| Sub-Type | Accommodation/Travel and Tourism |
| Style | Hotel/Motel |
Community Information
| Address | 5140 51 Av |
|---|---|
| Area | Parkland |
| Subdivision | Wabamun |
| City | Wabamun |
| Province | AB |
| Postal Code | T0E 2K0 |
Amenities
| Features | Corner Site, Back Lane |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central A/C, Hot Water |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Wood Frame, Mixed, Precast |
|---|
Additional Information
| Date Listed | August 25th, 2023 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Tim Hennigar Of Century 21 All Stars Realty Ltd |
|---|