See all 13 photos
13 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$699,000
Est. payment /mo
7,304 SqFt
UPDATED:
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
Originating Board Saskatchewan
Year Built 1903
Annual Tax Amount $4,461
Tax Year 2024
Property Sub-Type Hotel/Motel
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
Cooling Hot Water
Building
Structure Type Mixed
Others
Ownership Freehold
Read Less Info
Listed by Aspaire Realty Inc.