118 1st AVENUE E, Leader, SK S0N 1H0
118 1st AVENUE E, Leader, SK S0N 1H0
118 1st AVENUE E, Leader, SK S0N 1H0
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
$650,000
Est. payment /mo
13,656 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 13,656 sqft

Price per Sqft $47

MLS Listing ID SK032289

Year Built 1912

Annual Tax Amount $7,455

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Hotel/Motel

Source Saskatchewan

Property Description

An ideal opportunity for a family-run business with significant potential to increase revenue. This well-established property has served the community for over 50 years and offers multiple income streams, including 22 guest rooms, a manager's suite, bakery space, bar, seven VLTs, liquor license(s) for resale, tavern and home delivery (purchasers would have to apply for independently), and a fully equipped 80-seat restaurant. The property presents a compelling value-add opportunity, with strong local demand for food service in the area as expressed by Community Leadership. The restaurant currently operating only on weekdays providing excellent growth opportunity. The main floor features a welcoming lobby with direct access to the restaurant and tavern located just off the main corridor. The bar includes a convenient dock-height loading area for deliveries and a dedicated beer cooler. Additional liquor storage with display shelving is also in place. The commercial kitchen is fully equipped with gas-fired grills, fire suppression systems, a walk-in freezer, refrigerator, and dedicated dry storage areas, supporting efficient food service operations. Guest accommodations are located on the second and third floors and include 13 single-bed rooms and 9 double-bed rooms. Each room tastefully decorated is equipped with a flat-screen TV, refrigerator, microwave, and coffee maker. A guest laundry facility is available on the third floor. The property is being offered as a turnkey operation, including all chattels such as computer systems, security monitoring equipment, and restaurant assets. All equipment is believed to be in good working order (exception one refrigerator located behind the restaurant buffet area). The equipment is offered on an “as is where is” basis without warranty.

Location

Province SK

Interior

Heating Air Conditioning, Electric, Floor Model Furnace

Cooling Air Conditioning, Electric, Floor Model Furnace

Exterior

Garage Spaces 14.0

Amenities Available Alarm System Owned, Onsite Parking, Security Access, Store Front, Sump

Total Parking Spaces 14

Others

Ownership Freehold


Read Less Info
Listed by Royal LePage® Landmart
NEARBY SCHOOLS & PROPERTIES

Go tour this home

118 1st AVENUE E

GET MORE INFORMATION

Name
Phone*
Message