Courtesy Of David Rojek Of Exp Realty

5114 50 St, Evansburg, AB

$899,888

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11,001

Square feet

About 5114 50 St

Incredible investment opportunity awaits with this iconic inn, serving patrons since 1957! The property features 10 rentable rooms, a deluxe manager's suite, and a thriving bar with VLTs, billiard tables, arcade games, a stage, and a banquet area. Additional spaces include a restaurant, leasable business spaces, providing diverse investment avenues like a gift shop, medical space, salon, etc. The basement offers ample storage, and a bank safe adds a unique touch. Recent renovations include a new roof, updated rooms, refreshed hallways, uupdated washrooms, new beds, and a new water tank. With a downtown Evansburg location right on main street, this investment promises both historical charm and potential for lucrative returns. A detached shop for parking/storage and endless possibilities make this property an appealing venture for savvy investors ready to leave their mark for a thriving business!

Features of 5114 50 St

MLS® # E4370801
Price $899,888
Square Footage 11,001
Acres 0.00
Year Built 1957
Type Business with Property
Sub-Type Accommodation/Travel and Tourism
Style Hotel/Motel

Community Information

Address 5114 50 St
Area Yellowhead
Subdivision Evansburg
City Evansburg
Province AB
Postal Code T0E 0T0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed January 25th, 2024
Zoning Business
RE / Bank Owned No

Listing Details

OfficeCourtesy Of David Rojek Of Exp Realty

Listing Map