Property for Sale
Property For Sale In Edmonton
- MLS®#: 45728794
- Price: $2,200,000
- Year Built: 1941
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 investment 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 HIGHLIGHTSoOver 1 acre of land offering future development potentialo22 guest rooms, with 12 currently operationaloOpportunity to activate additional rooms following required electrical-system upgradeso30 VLTs providing an established entertainment revenue streamoLounge and restaurant generating food and beverage revenueoLiquor store and convenience store providing additional retail incomeoATM and guest room rental revenueoThree lots potentially available for separate sale, subject to applicable approva
Contact Ian Kondics About MLS® 45728794
Ian Kondics, 780-962-8580 at RE/MAX PREFERRED CHOICE, #4, 16 Nelson Drive, Spruce Grove, Alberta, T7X 3X3
property information
- MLS®#: 45728794
- Year Built: 1941
Community Information
- City: Edmonton
- Postal Code: T5E 5N5
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