Leduc, AB T9E6X9 4820 50 Avenue
$2,299,000
18 more
Presented By: Courtesy of Elizabeth Hickey of RE/MAX Real Estate.
Home Details
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!
Presented By: Courtesy of Elizabeth Hickey of RE/MAX Real Estate.
Interior Features for 4820 50 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 4820 50 Avenue
CityLeduc
Construction MaterialsBrick, Wood Frame, Mixed
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaCentral Business District (Leduc)
ModificationTimestamp2024-09-29T20:48:42.000Z
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Year Built1949
ZoningZone 81
Exterior for 4820 50 Avenue
Irrigation Water Rights Y/NNo