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$ 2,299,000
Est. payment | /mo
$ 2,299,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4407760
Year Built 1949
Property Description
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!
Location
Province AB
Zoning Zone 81
Others
Tax ID 0023059710
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Elizabeth Hickey • RE/MAX Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "