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

4820 50 Avenue, Leduc, AB

$2,299,000

Previous Next

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 90
Zoning Zone 81
Foreclosure No
RE / Bank Owned No

Listing Details

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

Listing Map