At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.
5114 50 St, Evansburg
2026-07-15
Quick Summary
- Location
- 5114 50 St, Evansburg, Alberta T0E0B3
- Price
- $800,000
- Status:
- For Sale
- Property Type:
- Hospitality
- Area:
- 11001 sqft
- Year of Construction:
- 1957
MLS®#45239571
Property Description
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 managerâs 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 areaâoffering opportunities to host live entertainment, private functions, community events, and special occasions.Additional commercial areas further enhance the propertyâs 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:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 11001 sqft
Land
- Land Size: 17232.336 sqft|under 1/2 acre
Information entered by Exp Realty
Listing information last updated on: 2026-07-14 23:19:29
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How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
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