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5114 50 St in Evansburg: Hospitality for sale : MLS®# 45239571
5114 50 St Evansburg T0E 0B3 
$800,000Hospitality- Status:
- Active
- MLS® Num:
- 45239571
- Floor Area:
- 11,001 sq. ft.
Exceptional opportunity to acquire a well-established hospitality and entertainment property prominently located on Main Street in downtown Evansburg. Serving the community since 1957, this iconic inn offers a unique combination of existing revenue streams, recent capital improvements, and significant potential for an owner-operator, experienced hotelier, or entrepreneur looking to expand their hospitality portfolio.The property features 10 rentable guest rooms, along with a spacious deluxe manager’s suite that provides convenient on-site accommodations for ownership or management. A well-established bar creates an additional income stream and includes 8 VLTs, billiard tables, arcade games, a performance stage, and a banquet area—offering opportunities to host live entertainment, private functions, community events, and special occasions.Additional commercial areas further enhance the property’s income potential. The restaurant space and an additional leasable business space is currently rented out to a thriving local coffee shop. These flexible spaces provide an opportunity to diversify revenue, attract additional traffic, and create a multi-service hospitality destination.Recent upgrades include a new roof, renovated guest rooms, refreshed hallways, updated washrooms, new beds, and a new hot-water tank, helping reduce near-term capital requirements while improving the guest experience. The basement provides substantial storage capacity, while the original bank safe adds distinctive historical character. A detached shop offers additional parking, storage, workshop space, or potential for other operational uses.With its prominent downtown location, established community presence, multiple potential revenue streams, and opportunities for further growth, this property presents a compelling opportunity for an ambitious owner-operator or hospitality investor. Build on more than six decades of local history while bringing your own vision to a versatile property with substantial business potential. (id:2493) More detailsListed by Exp Realty
- DEBORAH SCHINDEL
- HOMES & GARDENS
- 780-909-2404
- Contact by Email
- RON SCHUSTER
- HOMES & GARDENS
- 780-975-5585
- Contact by Email
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in Busby: Hospitality for sale : MLS®# 44122408
Busby T0G 0H0
$378,000Hospitality- Status:
- Active
- MLS® Num:
- 44122408
- Floor Area:
- 4,601 sq. ft.
Exceptional Business Opportunity in Busby! Just 40 minutes from Edmonton, this 9-room hotel combines rustic charm with modern updates. Featuring a stained pine exterior for a contemporary twist, this mostly renovated (2017-2018) property is fully furnished and currently operating. Highlights include an 89-patron bar with 3 serving stations, beverage coolers, walk-in cooler, pool table, 3 VLTs and stylish pine-and-metal décor. Enjoy men’s & women’s washrooms, a welcoming outdoor patio for summer guests, and stunning countryside views. Located in a friendly hamlet with a great K-6 school. Financials not available—turnkey and ready for your vision! (id:2493) More detailsListed by Exp Realty - DEBORAH SCHINDEL
- HOMES & GARDENS
- 780-909-2404
- Contact by Email
- RON SCHUSTER
- HOMES & GARDENS
- 780-975-5585
- Contact by Email
Data was last updated October 9, 2026 at 08:15 AM (UTC)
