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$2,299,000
Est. payment /mo
18,466 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,466 sqft
Price per Sqft $124
Subdivision Central Business District (Leduc)
MLS® Listing ID E4407760
Originating Board REALTORS® Association of Edmonton
Year Built 1949
Lot Size 0.593 Acres
Acres 25824.0
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! (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX Real Estate