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5010 50 Ave, Gibbons, Alberta T0A 1N0

MLS® # 45110404

$950,000

Description

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:53676)

PROPERTY FEATURES

  • MLS® Number 45110404
  • Price $950,000

Buildings

Land

Acreage No Size Irregular 19514.88
Size Total 19514.88 Sqft|under 1/2 Acre Size Total Text 19514.88 Sqft|under 1/2 Acre

BROKERAGE

  • Office: RE/MAX Elite

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