Property for Sale
Property For Sale In Edmonton
- MLS®#: 45728794
- Price: $2,200,000
- Year Built: 1941
DOVER HOTELA Multi-Revenue Hospitality & Commercial Investment OpportunityA unique opportunity to acquire an established hospitality property with multiple income streams, significant land, and substantial upside potential.Built in 1941 and situated on over one acre of land, Dover Hotel offers a compelling combination of hospitality, entertainment, retail, and development potential. The property currently benefits from several established revenue sources, while additional opportunities exist to increase income and unlock the value of the property.KEY INVESTMENT HIGHLIGHTSoOver 1 acre of land providing flexibility for future use and developmento22 guest rooms, with 12 currently operationaloOpportunity to bring additional guest rooms into operation following required electrical-system upgradeso30 VLTs, providing an established entertainment revenue streamoLounge and Restaurant providing food, beverage, and hospitality revenueoLiquor Store providing an additional retail revenue streamoConvenience Store servi
Contact Caitlin Heine About MLS® 45728794
Caitlin Heine, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- MLS®#: 45728794
- Year Built: 1941
Community Information
- City: Edmonton
- Postal Code: T5E 5N5
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