$2,200,000 Sale

Listed 6 days ago

120 St NW

MLS® 45728794 Business with Property

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$8,346/mo

Key Facts

Key facts for 120 St NW

Property Type

Commercial

Parking

MLS®

45728794

Size

Basement

Listed on

Lot size

Tax

Days on Website

Year Built

1941

Maintenance Fee

Description

DOVER HOTELA Multi-Revenue Hospitality & Commercial Investment OpportunityAn established hospitality property offering multiple income streams, over one acre of land, and significant value-add potential.Built in 1941, Dover Hotel combines hospitality, entertainment, retail, and real estate investmen...t opportunities. With several existing revenue sources and room for expansion, the property offers potential for an owner-operator or investor seeking to enhance income and unlock additional value.KEY INVESTMENT HIGHLIGHTS•Over 1 acre of land offering future development potential•22 guest rooms, with 12 currently operational•Opportunity to activate additional rooms following required electrical-system upgrades•30 VLTs providing an established entertainment revenue stream•Lounge and restaurant generating food and beverage revenue•Liquor store and convenience store providing additional retail income•ATM and guest room rental revenue•Three lots potentially available for separate sale, subject to applicable approva

Full Property Details

Interior

Washrooms

Exterior

Parking Spaces

Total Parking Spaces

Parking Spaces

Total Parking Spaces

Building Description

Property Type

Business with Property

Home Type

Commercial

Subtype

Business with Property

Year Built

1941

Property Type

Business with Property

Home Type

Commercial

Subtype

Business with Property

Year Built

1941

Community

Edmonton

Area

Edmonton

Community

Edmonton

Area

Edmonton

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Matt Walker

Email: [email protected] Cell: 780-952-6288