4927 50 Avenue, Lacombe

Commercial Building for Sale

4927 50 Avenue, Lacombe, MLS® # 0148810
  • MLS®#: CA0148810
  • Size: 14,287 sq ft
  • Price: $849,000
  • Status: Active
  • Year Built: 1932
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

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.

Contact Lori Hellofs About MLS® 0148810

Required Field

Lori Hellofs, (403) 396-1419 at RE/MAX real estate central alberta - Lacombe, #101, 5035 50 Street, Lacombe, Alberta, T4L 1X9

property information

  • Property Type: Commercial Building
  • MLS®#: CA0148810
  • Year Built: 1932
  • Lot Shape: 0.00X0.00
  • Total Floor Area: 14,287 sq.ft
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Community Information

  • Address: 4927 50 Avenue
  • Neighbourhood: LE Downtown Lacombe
  • City: Lacombe
  • Nearest Town: Lacombe
  • Postal Code: T4L 1H4
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interior

  • Basement: Partial Basement
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exterior

  • Roof: Torch On
  • Frontage: 0.00
  • Depth: 0.00
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$849,000

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RE/MAX real estate central alberta - Lacombe
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.