5010 50 Ave, Gibbons, Alberta T0A 1N0

Listed for:
$950,000
0 beds
0 baths
Listed 9 days ago
5010  50 Ave, Gibbons, Alberta T0A 1N0

View all 18 photos

About

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:27476)

Property Highlights

MLS® Number
45110404
Type
Hospitality
Land Size
19514.88 sqft|under 1/2 acre

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Elite
MLS® number:
45110404
Agent:
Sharon C. Ryan
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).