4820 50 Av, Leduc, Alberta T9E 6X9

Listed for:
$2,490,000
0 beds
0 baths
Listed 302 days ago
4820 50 Av, Leduc, Alberta T9E 6X9

View all 5 photos

Learn more about this property
Listing provided by:
Initia Real Estate
MLS® number:
E4351220
Agent:
Jongsung Baik
*Indicates required field
Name is required
Email is required

About

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. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located in the Central Business District of Leduc, this property consists of multiple businesses, including a hotel with 20 guest rooms, a bar with 178 seats and 15 VLTs, and a restaurant. The hotel primarily caters to monthly staying guests, generating approximately $150,000 in guest room sales annually. The bar, which also includes VLT commission earnings of $200,000 per year, brings in around $350,000 in sales. Additionally, the restaurant is currently rented out, providing a rental income of approximately $4,300 per month. The city assessment value for this property in 2023 is $1,973,000, reflecting its strong income potential from various customer bases and income sources.

This property, which is now available for sale, features a substantial land size of 25,824 square feet. It is situated at 4820 50 AV in the city of Leduc, Alberta, with a postal code of T9E6X9.