Courtesy of RE/MAX Real Estate

4820 50 Avenue

COMM For Sale in Central Business District,

$2,299,000
  • 25,824 Sq. Ft.
  • Built 1949
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!
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

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Jason Rustand Team

RE/MAX Real Estate

201, 5306 50 St Leduc AB T9E 6Z6

Office: 780-919-0004

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