$ 950,000 5010 50 Ave

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Gibbons
Property Type: Hospitality
MLS® Number: 45110404
Lot Size: 19514.88
Listing Status: Active
List Price: $ 950,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Hospitality – Gibbons

Own a piece of Alberta history and an established hospitality business in the growing community of Gibbons, just minutes northeast of Edmonton.The Gibbons Hotel & Tavern offers a unique opportunity for an owner-operator, investor, or hospitality group seeking a well-known local destination with multiple revenue streams.Property HighlightsEstablished hotel and tavern operationApproximately 12 guest roomsPopular licensed tavern with loyal local clienteleRestaurant and lounge facilitiesHigh-visibility location on the communitys main corridorAmple on-site parkingOpportunity to increase revenues through operational improvements and expanded marketingLocated in a growing region supported by agriculture, energy, construction, and industrial activityInvestment PotentialThis is an excellent opportunity to acquire a turnkey hospitality business with significant upside. The propertys diverse revenue sources provide multiple avenues for growth, including accommodation, food and beverage sales, special events, catering, and long-term room rentals.Whether you are looking to expand an existing hospitality portfolio or operate your own hotel and tavern business, this property offers exceptional value and future potential. (id:6769)

Construction Info


Rooms Dimension

Listing Agent:

Sharon C. Ryan
(780) 233-6398

Brokerage:

RE/MAX Elite
(780) 406-4000
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