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Courtesy of Jongsung Baik of Initia Real Estate
4820 50 Avenue , Central Business District in Leduc
This is a Business with Property (Hotel/Motel).
Work with an experienced agent who knows ~the Central Business District area~ View This Property
4820 50 Avenue , Central Business District in Leduc
Well-established multiple businesses (Hotel with 20 guest rooms, Bar with 178 seats and 15 VLTs, and a Restaurant) with your own building and a huge lot located in the Central Business District in Leduc. The hotel is mainly occupied by monthly staying guests. The guest room sales are abt. $150,000/year. The lounge sales are abt. $350,000 including VLT commission of $200,000/year. The restaurant is currently rented at abt. $4,300/month (rental income) The city assessment value in 2023 is $1,973,000. Good Income from various customers and various income sources.
$2,490,000 - MLS® #E4351220
4820 50 Avenue , Leduc, AB
Essential Information
- MLS® #E4351220
- Price$2,490,000
- Price per Sqft135
- Price Per SqFt$135
- Square Footage18,466
- Acres0.00
- Year Built1949
- TypeBusiness with Property
- Sub-TypeAccommodation/Travel and Tourism
- StyleHotel/Motel
- Days on Website291
Exterior
- ConstructionBrick/Masonry, Wood Frame, Mixed
Community Information
- Address4820 50 Avenue
- AreaLeduc
- SubdivisionCentral Business District
- CityLeduc
- Postal CodeT9E 6X9
Additional Information
- ZoningCBD
Listing information last updated on May 9th, 2024 at 9:05am MDT.