Courtesy Of Cheryl Gaulden Of RE/MAX Elite

5006 50 Avenue, Gibbons, AB

$975,000

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About 5006 50 Avenue

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.

Features of 5006 50 Avenue

MLS® # E4392442
Price $975,000
Bathrooms 0.00
Acres 0.00
Year Built 1979
Type Business with Property
Status Active

Community Information

Address 5006 50 Avenue
Area Gibbons
Subdivision Gibbons
City Gibbons
County ALBERTA
Province AB
Postal Code T0A 1N0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Stucco, Wood, See Remarks
Construction Stucco, Wood, See Remarks

Additional Information

Date Listed June 12th, 2024
Days on Market 168
Zoning Zone 62
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Cheryl Gaulden Of RE/MAX Elite

Listing Map