5140 51 Av, Wabamun, Alberta T0E 2K0

Small-town retro 10 room hotel For sale. Just 40 minutes west of Edmonton. This unique property offers a nostalgic journey back to the vibrant spirit of the 1960s, while also being perfectly positioned in a community that is experiencing remarkable growth. This long established business generates reliable consistent sales with an opportunity for much more! Several income streams here, VLTs (2 more coming) Restaurant is on a monthly lease, room rental income and of course the Tavern. The hotel is looking for a new owner who can capture the growth of the community, and offer a cool lakefront experience. The Village of Wabamun has seen the introduction of new business' moving into town, as well as vacation property occupants and permanent residents moving in to get away from the hustle and bustle of the city. Theres lots a new owner can do here to get this to the next level. The building has been well maintained and is of solid construction, with good bones, just needs a facelift (id:27476)

Experience the enchanting charm of a bygone era at this delightful retro 60's hotel, situated in the heart of a thriving lake community in Alberta. This one-of-a-kind establishment offers a nostalgic trip back to the lively atmosphere of the 1960s, while also being ideally situated in a community that is undergoing impressive development.

This well-established business consistently generates reliable sales, with the potential for even greater success. There are multiple sources of income, including VLTs (with 2 more on the way), a restaurant that is leased on a monthly basis, room rental revenue, and a tavern. The Village of Wabamun has witnessed the arrival of new businesses, as well as an influx of vacation property owners and permanent residents seeking refuge from the city's hustle and bustle. There is ample opportunity for a new owner to take this property to the next level.

The building has been meticulously maintained and boasts solid construction, ensuring its longevity and durability. This property is currently on the market and offers a land size of 16240 sqft. It is conveniently located at 5140 51 AV in the city of Wabamun, Alberta, with a postal code of T0E2K0.