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Home AB Greater Edmonton Gibbons
5006 50 AV NW
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5006 50 AV NW $975,000
$975,000
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5006 50 AV NW
Gibbons, Alberta T0A1N0

MLS® Number: E4392442

Listing Description

GREAT BUSINESS OPPORTUNITY, Land, Building & Turnkey Business for sale! It presents UPGRADES in 2019 & 2020 to the Hotel & Tavern with a NEWER RENO of the Laundromat that boasts 8 NEWER Dexter Washer & Dryers. In the upper level you'll find 12 UPGRADED hotel rooms & the Tavern can be found off the Hotel lobby decorated in a Rustic Country theme. The Restaurant/Tavern includes 6 busy VLT'S, coffee shop, cafe, bar, dance floor, lounge & pool table area. Versatile Kitchen w/grills, fryers, freezers, walk-in-cooler, prep area, sinks, office, mechanical room (boiler 3 yrs old) plus the outer Bar area has a w/in/cooler, beverage cooler & so much more! Don't miss out on this opportunity that is generating a great income & has the only laundromat for miles around w/a great weekly cash flow all located on 4 lots to include over 1811.61 sq meters of land, outside patio, lots of parking, lots of room to develop more. Seller financing available. (31430372)

Property Summary

Property Type
Business
Neighbourhood Name
Gibbons
Land Size
181161 sqft
Built in
1979
Time on REALTOR.ca
157 days

Legal Description

Plan :- 868CG Block :- 2 Lot :- 04-08

Building

Business
Business Type
Other (See remarks)

Measurements

Square Footage
10682 sqft
Data provided by: REALTORS® Association of Edmonton 101 - 18354 118 Avenue NW Avenue, EDMONTON, Alberta T5S 2G2
Cheryl Gaulden