Courtesy Of Elizabeth Hickey and Terri Drynan Of RE/MAX Real Estate

4820 50 Av, Leduc, AB

$2,299,000

Previous Next

18,466

Square feet

About 4820 50 Av

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!

Features of 4820 50 Av

MLS® # E4407760
Price $2,299,000
Square Footage 18,466
Acres 0.00
Year Built 1949
Type Business with Property
Sub-Type Accommodation/Travel and Tourism
Style Hotel/Motel

Community Information

Address 4820 50 Av
Area Leduc
Subdivision Central Business District
City Leduc
Province AB
Postal Code T9E 6X9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Brick/Masonry, Wood Frame, Mixed

Additional Information

Date Listed September 24th, 2024
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Elizabeth Hickey and Terri Drynan Of RE/MAX Real Estate

Listing Map