This is a great opportunity for the right Buyer (s). This building/business was appraised at over 550,000 pre-covid pre/stroke. The owner is willing to sell it for lot value. The new owner will be required to give a great deal of TLC. The hotel and restaurant have not been in operation and the kitchen was taken apart to renovate. There are numerous possibilities, put back together as a hotel, bar or restaurant. Open a day care, restaurant and live and work out of the building. Show and sell with confidence.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Business Name:
Legal Hotel
Major Bus Type:
Accommodation/Travel and Tourism
Minor Bus Type:
Hotel/Motel
Bus Op Since:
1908
Construction:
Wood Frame
Building Type:
Commercial Mix, See Private Remarks
# Bldgs:
1
# Units:
9
Tot Pkg Spaces:
50
# Storeys:
2.0
Year built:
1908
(Age: 115)
Total Floor Area:
7,334 sq. ft.681.35 m2
Lot Area:
0 sq. ft.0 m2
Land Use/Zoning:
commercial
Lot Depth:
150'45.72 m
Lot Frontage:
156'47.55 m
Heating Source:
Natural Gas
Plan:
1273BE
Title to Land:
Freehold
LINC Number:
0010183028
Corner Site, High Traffic Area, Playground Nearby, Retail Exposure, Shopping Nearby, Back Lane, Low Maintenance Landscape, Schools
Alarm System, Parking-Visitor, Washrooms Female/Male, Television Connection, Bar, Dance Floor, Deck, Detectors Smoke, Handyman Special, Parking-Extra, Visitor Parking
Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.