John Mattiello - 780-406-4000

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Business with Property in Leduc

$2,490,000.00
4820 50 Avenue - MLS® #: E4351220
  • (89)
  • 152
  • 130
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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John Mattiello
780-406-4000

Property Type

Business with Property

Description

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

Property Details

Subarea
Central Business District

Lot
0

Year Built
1949

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Listing data last updated date: 2024-03-20 07:09:19

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Listing Agent: Jongsung Baik

Brokerage: Initia Real Estate