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4927 50 Avenue Lacombe, Alberta T4L 1H4

14287 sqft
Boiler, Electric Baseboard Units

$699,000

Get ready to own a property in the heart of downtown Lacombe-this building is the home to the Lacombe Hotel, sushi restaurant,a liquor store & 21 rooms on the second & third floors. The present owner will lease back the liquor store & restaurant if potential buyer is interested or the potential buyer can assume all the existing space that house these businesses. 60% of the rooms are rented out presently - laundry facilities are available to the tenants as well. Room rents vary between $500-900 per month-some units are equipped with kitchenettes. Tenants are month to month leases. Half the hotel is heated with a boiler and the other half is electric heat. The basement is concrete with a dirt floor. Torch down roof was done this year. There is a lot of potential in this prime piece of real estate - great exposure on three streets - Hwy 2A, Hwy 12 and 49 Street. The building sits entirely on the land-public parking is on street and to the parking lot to the east which are City owned. (id:34978)

Business

Business Type Accommodation, Restaurant, Retail and Wholesale, Hospitality
Business Sub Type Hotel/motel, Restaurant/fast food, Arts & Crafts

Property Details

MLS® Number ca0177816
Property Type Business
Farm Type Other
Plan Rn 1

Building

Basement Type Partial
Constructed Date 1932
Fireplace Present No
Heating Type Boiler, Electric Baseboard Units
Size Interior 14287 Sqft
Type Commercial Mix

Land

Acreage No
Zoning Description C1

Utilities

Fully serviced Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21101564

Interested?

Contact us for more information


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RE/MAX Real Estate Central Alberta - Lacombe
101, 5035 - 50 Street
Lacombe, Alberta T4L 1X9

(403) 782-4301
(403) 782-2285
www.remaxlacombe.com

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