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Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
P: 780-450-6300
F: 780-450-6670
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Listing Details

For more information on this listing or other please contact me.

Courtesy of Initia Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,490,000

4820 50 Avenue   Leduc, Alberta

MLS®: E4351220
URL:    
Well-established multiple businesses (Hotel with 20 guest rooms, Bar with 178 seats and 15 VLTs, and a Restaurant) with your own building and a huge lot located in the  Central Business District in Leduc. The hotel is mainly occupied by monthly staying guests. The guest room sales are abt. $150,000/year. The lounge sales are abt. $350,000 including VLT commission of $200,000/year. The restaurant is currently rented at abt. $4,300/month (rental income) The city assessment value in 2023 is $1,973,000. Good Income from various customers and various income sources.
Well-established multiple businesses (Hotel with 20 guest rooms, Bar with 178 seats and 15 VLTs, and a Restaurant) with your own building and a huge lot located in the Central Business District in Leduc. The hotel is mainly occupied by monthly staying guests. The guest room sales are abt. $150,000/year. The lounge sales are abt. $350,000 including VLT commission of $200,000/year. The restaurant is currently rented at abt. $4,300/month (rental income) The city assessment value in 2023 is $1,973,000. Good Income from various customers and various income sources.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Leduc
MLS® Number:
E4351220
Neighbourhood:
Central Business District
Area:
Leduc
Province:
Alberta
Listing Price:
$2,490,000

General Information

Year Built:
1949

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This property is listed by Initia Real Estate and provided here courtesy of Gurinder Grewal. For more information or to schedule a viewing please contact Gurinder Grewal.
Gurinder Grewal
Maxwell Polaris
Phone: 780-450-6300
Mobile Phone: 780-709-7484
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Gurinder Grewal, licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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