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4918 50 Avenue, Castor

$65,000

About this property

Formerly known as The Cosmopolitan Hotel, a local watering hole and eating establishment, has been a main structure throughout the history of Castor. It is sitting on the corner of what locals call Main St(really an avenue) - Grande Avenue and the tree lined boulevard ( Beaver ST). It has provided over the 100 plus years of housing, entertainment and meals for the many patrons that have visited or stayed in the hotel. This structure will need a good number of trades people to bring it back to its former glory when it was built in 1910. People have traveled from afar to take part in the local atmosphere of the tavern and restaurant with the local "East wall gang" telling their stories to the visitors, eager to listen to them, some true, some embellished or just some made up. With the time and passing of all of the "East wall gang", there left a void in the local community as there were no more stories being told and there was no place to seek advice, as most of the gang held their consulting offices in the tavern. Lets try to not see a landmark go to ruins and think about investing today.

Essential information

MLS® number
A2249801
Status
Active
Price
$65,000
Property type
Commercial
Type
Hotel/Motel
Transaction
For Sale
Restrictions
None Known
Building area
10,386 sq ft
Lot size
8,625 sq ft
Year built
1910
Structure
Hotel/Motel
Listing brokerage
Sutton Landmark Realty
Source
Pillar 9™ MLS® System

Interior

Heating
High Efficiency, Forced Air, Natural Gas
Cooling
Full

Exterior and construction

Construction
Brick, Concrete, Stucco, Wood Frame
Roof
Flat Torch Membrane
Foundation
Poured Concrete
Zoning
C1

Community

City
Castor
Province
AB
Postal code
T0C0X0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:30 a.m. (Mountain Time).

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