Courtesy Of Elizabeth Hickey and Terri L Drynan Of RE/MAX Real Estate
About 4820 50 Avenue
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 Avenue
| MLS® # | E4407760 |
|---|---|
| Price | $2,299,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1949 |
| Type | Business with Property |
| Status | Active |
Community Information
| Address | 4820 50 Avenue |
|---|---|
| Area | Leduc |
| Subdivision | Central Business District (Leduc) |
| City | Leduc |
| County | ALBERTA |
| Province | AB |
| Postal Code | T9E 6X9 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick, Wood Frame, Mixed |
|---|---|
| Construction | Brick, Wood Frame, Mixed |
Additional Information
| Date Listed | September 24th, 2024 |
|---|---|
| Days on Market | 88 |
| Zoning | Zone 81 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Elizabeth Hickey and Terri L Drynan Of RE/MAX Real Estate |
|---|