Courtesy Of Tim Hennigar Of Century 21 All Stars Realty Ltd

5140 51 Av, Wabamun, AB

$849,000

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5,400

Square feet

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
Zoning C1
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Tim Hennigar Of Century 21 All Stars Realty Ltd

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