Courtesy of Nicholas J Golden of RE/MAX Professionals

4810 50 Avenue
Legal Legal T0G 1L0

$199,000
Multi-Family Commercial

Main Photo: 4810 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4322630
Photo 1: 4810 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4322630
Photo 2: 4810 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4322630
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Photo 13: 4810 50 Avenue: Legal Multi-Family Commercial for sale : MLS®# E4322630
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4322630
Bus Major:
Accommodation/Travel and Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Commercial Mix
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.
Lot Area:
0 sq. ft.
Land Use/Zoning:
commercial
Lot Depth:
150'
Lot Frontage:
156'
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
Services Connected:
Fully Serviced
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
Baseboard
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$0
Total Oper. Expenses:
$0
Tot Expenses:
$0
Entry date:
Dec 20, 2022
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Data was last updated January 29, 2023 at 04:30 AM (UTC)
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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