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Courtesy of Tim Hennigar of Century 21 All Stars Realty Ltd
  • * $849,000
  • SQ. Feet5,400
  • Built1962
  • DOW254
$849,000

5140 51 Avenue , Wabamun in Wabamun

This is a Business with Property (Hotel/Motel).

Work with an experienced agent who knows ~the Wabamun area~ View This Property

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5140 51 Avenue , Wabamun in Wabamun

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

$849,000 - MLS® #E4355726
5140 51 Avenue , Wabamun, AB

Essential Information

  • MLS® #E4355726
  • Price$849,000
  • Price per Sqft157
  • Price Per SqFt$157
  • Square Footage5,400
  • Acres0.00
  • Year Built1962
  • TypeBusiness with Property
  • Sub-TypeAccommodation/Travel and Tourism
  • StyleHotel/Motel
  • Days on Website254

Amenities

  • FeaturesCorner Site, Back Lane

Exterior

  • ConstructionWood Frame, Mixed, Precast

Community Information

  • Address5140 51 Avenue
  • AreaParkland
  • SubdivisionWabamun
  • CityWabamun
  • Postal CodeT0E 2K0

Interior

  • HeatingCentral A/C, Hot Water
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Listing information last updated on May 5th, 2024 at 12:15pm MDT.