Courtesy Of Jongsung Baik Of Initia Real Estate

4820 50 Av, Leduc, AB

$2,490,000

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18,466

Square feet

About 4820 50 Av

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.

Features of 4820 50 Av

MLS® # E4351220
Price $2,490,000
Square Footage 18,466
Acres 0.00
Year Built 1949
Type Business with Property
Sub-Type Accommodation/Travel and Tourism
Style Hotel/Motel

Community Information

Address 4820 50 Av
Area Leduc
Subdivision Central Business District
City Leduc
Province AB
Postal Code T9E 6X9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Brick/Masonry, Wood Frame, Mixed

Additional Information

Date Listed July 22nd, 2023
Zoning CBD
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Jongsung Baik Of Initia Real Estate

Listing Map