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Listed by Dongha Baek • Aspaire Realty Inc.
$ 699,000
Est. payment | /mo
7,304 SqFt
$ 699,000
Est. payment | /mo
7,304 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 7,304 sqft
Price per Sqft $95
MLS Listing ID SK998801
Year Built 1903
Property Sub-Type Hotel/Motel
Source Saskatchewan
Property Description
Turnkey Business Opportunity – Motel, Bar, Cannabis & Restaurant with Additional Revenue Streams!
An incredible chance to own a well-established hospitality business in the heart of Lashburn! Located just 20 minutes east of Lloydminster on the Yellowhead Highway, this property offers multiple income streams, making it a fantastic investment for an ambitious owner-operator.
Property Highlights:
Motel: Six modernized rooms, each featuring a four-piece bath, TV, fridge, table, and microwave. [Included Living Quarters]
Bar & Lounge: Known for its welcoming atmosphere, the bar is licensed for 100 guests and features 8 VLTs, an ATM, a pool table, and large-screen TVs.
Restaurant: The seller has successfully operated a Chinese restaurant on-site, which has gained an excellent reputation among bar patrons and the local community.
Cannabis Retail Business: A newly established cannabis business adds another strong revenue stream with good cash flow.
Renovations & Upgrades: The current owner has made extensive improvements since acquiring the property in 2021, including structural upgrades, new high-efficiency furnaces, and enhanced kitchen facilities.
Living Quarters: Fully equipped with a kitchen, living room, two bedrooms, and a separate laundry area.
This property sits on six lots, providing ample parking and space for potential future expansion. With multiple revenue streams, a loyal customer base, and a prime location in a thriving community, this is a true turnkey business opportunity ready for its next owner!
Contact us today for more details or to arrange a private viewing!
An incredible chance to own a well-established hospitality business in the heart of Lashburn! Located just 20 minutes east of Lloydminster on the Yellowhead Highway, this property offers multiple income streams, making it a fantastic investment for an ambitious owner-operator.
Property Highlights:
Motel: Six modernized rooms, each featuring a four-piece bath, TV, fridge, table, and microwave. [Included Living Quarters]
Bar & Lounge: Known for its welcoming atmosphere, the bar is licensed for 100 guests and features 8 VLTs, an ATM, a pool table, and large-screen TVs.
Restaurant: The seller has successfully operated a Chinese restaurant on-site, which has gained an excellent reputation among bar patrons and the local community.
Cannabis Retail Business: A newly established cannabis business adds another strong revenue stream with good cash flow.
Renovations & Upgrades: The current owner has made extensive improvements since acquiring the property in 2021, including structural upgrades, new high-efficiency furnaces, and enhanced kitchen facilities.
Living Quarters: Fully equipped with a kitchen, living room, two bedrooms, and a separate laundry area.
This property sits on six lots, providing ample parking and space for potential future expansion. With multiple revenue streams, a loyal customer base, and a prime location in a thriving community, this is a true turnkey business opportunity ready for its next owner!
Contact us today for more details or to arrange a private viewing!
Location
Province SK
Interior
Heating Hot Water
Building
Structure Type Mixed
Others
Ownership Freehold
"Our goal is to support local folks and work with good people. It's about doing things right and doing them right here."