May 3, 2016 12:02 pm
Updated: May 3, 2016 2:14 pm

Edmonton Queen Riverboat sold in auction for more than $500K

The Edmonton Queen Riverboat sits in the North Saskatchewan River Wednesday, April 13, 2016.

Aaron Streck, Global News
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EDMONTON – After being put up for sale nearly one month ago, the Edmonton Queen riverboat has been sold for just over $500,000.

The boat was purchased Monday for $553,000. It was put up for online auction by Century Services in April.

“I can tell you the seller is very happy with how it turned out, for sure. They’re very, very happy,” Century Services regional manager Mickey Spencer said.

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READ MORE: In the market for a riverboat? Edmonton Queen up for auction

There were a total of 190 bids, with the minimum being $10,000.

The Edmonton Queen went into commission on the North Saskatchewan River in 1996. The attraction has offered family-friendly cruises for several occasions, including weddings, business meetings and class field trips.

Spencer said it’s up to the new owner to decide the future of the vessel.

“It’s their’s to kind of do what they will with it.”

However, Spencer said the new owner’s plan right now is to continue to own and operate the boat the same way it has been done in the past. He said there may be minor tweaks like a coffee shop and possible renovations, but they plan to run cruises as long as river water levels permit. There is no word on whether that will happen this summer.

The successful bidder doesn’t want their identity revealed at the moment.

© 2016 Global News, a division of Corus Entertainment Inc.

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