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Listed by Shammi Achal • RE/MAX Saskatoon
$ 395,900
Est. payment | /mo
13,666 SqFt
$ 395,900
Est. payment | /mo
13,666 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 13,666 sqft
Price per Sqft $28
MLS Listing ID SK006086
Year Built 1975
Lot Size 0.840 Acres
Acres 0.84
Property Sub-Type Hotel/Motel
Source Saskatchewan
Property Description
RARE Investment Opportunity – Profitable Bar, Renovation-Ready Motel & Prime Land!
Seize this incredible value-add opportunity to own a profitable business, 11 titled lots, and a massive 13,666 sq ft commercial building.
Included in the sale:
• Neighbours Kitchen & Bar – a thriving, turn-key business with a strong local following and proven cash flow
• Mayfair Motel – 22-room motel, currently closed and awaiting renovation with huge income potential
• 11 lots in total – 8 currently in use, with 3 vacant lots offering additional development or expansion possibilities
• 13,666 sq ft commercial building on a 0.6 acre site
The bar alone supports the current valuation, meaning you're getting the land, motel, and dining room essentially for free. With strategic renovations, the Mayfair Motel could be revived to create multiple income streams from short-term stays, long-term rentals, or even staff housing.
Ideal for investors, developers, or owner-operators looking to capitalize on a low-entry price and high ROI potential. Whether you expand the current business, reopen the motel, or redevelop the underutilized lots, the possibilities here are immense.
Opportunities like this are extremely rare — especially at this price point. Don't miss out.
Seize this incredible value-add opportunity to own a profitable business, 11 titled lots, and a massive 13,666 sq ft commercial building.
Included in the sale:
• Neighbours Kitchen & Bar – a thriving, turn-key business with a strong local following and proven cash flow
• Mayfair Motel – 22-room motel, currently closed and awaiting renovation with huge income potential
• 11 lots in total – 8 currently in use, with 3 vacant lots offering additional development or expansion possibilities
• 13,666 sq ft commercial building on a 0.6 acre site
The bar alone supports the current valuation, meaning you're getting the land, motel, and dining room essentially for free. With strategic renovations, the Mayfair Motel could be revived to create multiple income streams from short-term stays, long-term rentals, or even staff housing.
Ideal for investors, developers, or owner-operators looking to capitalize on a low-entry price and high ROI potential. Whether you expand the current business, reopen the motel, or redevelop the underutilized lots, the possibilities here are immense.
Opportunities like this are extremely rare — especially at this price point. Don't miss out.
Location
Province SK
Interior
Heating Air Conditioning, Floor Model Furnace
Exterior
Amenities Available Onsite Parking
Building
Structure Type Concrete
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."