118 1St Ave E, Leader, SK

Name: 118 1St Ave E, For Sale in Leader - Zoocasa
Brand: Royal LePage® Landmart
SKU: SK032289
Price: 650000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$650,000

0014

MLS® SK032289

Overview

Key Facts

Type

Levels Commercial Sale

Size 13656 sqft

Garage

Taxes $7,455

Days Active 150

Lot Size 0.53 Acres

Approx. Age 1912

Avg. Price Per Sqft $47

MLS® Number SK032289

Property Address: 118 1st Ave E, Leader, SK, S0N2E0

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberSK032289

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1912

Basement

Driveway

Garage Spaces

HeatAir Conditioning, Electric, Floor Model Furnace

A/C

Extras

Map

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