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Listed by Sharon C Ryan RE/MAX Elite
$ 950,000
Est. payment /mo
New
5010 50 Ave Gibbons, AB T0A 1N0
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45110404
Property 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, caterin
Location
Province AB
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