This property is listed by Century 21 All Stars Realty Ltd.
Data was last updated 2025-05-09 at 14:18:10 GMT
$849,000

5140 51 Avenue   Parkland, Alberta

MLS®: E4355726
URL:    
Small-town retro 10 room hotel For sale. Just 40 minutes west of Edmonton. This unique property. The current owners are ready to retire. 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. Also note that there is an extensive new waterfront development plan. All rooms are clean and well maintained, and are being updated as needed.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Parkland
MLS® Number:
E4355726
Neighbourhood:
Wabamun
Area:
Wabamun
Province:
Alberta
Listing Price:
$849,000

General Information

Year Built:
1962

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Location


Anu Khullar
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.