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!
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!
Address | 4820 50 Avenue |
List Price | $2,299,000 |
Type of Dwelling | COMM |
Sub-Area | Central Business District |
Floor Area | 25,824 Sq. Ft. |
Lot Size | 18,466 Sq. Ft. |
Year Built | 1949 |
MLS® Number | E4407760 |
Listing Brokerage | RE/MAX Real Estate |
Postal Code | T9E 6X9 |
Zoning | CBD |
Tax Amount | $23,765 |
Tax Year | 2024 |