26 1st AVENUE

Exceptional opportunity to own a well-established, full-service hotel in the heart of St. Walburg, Saskatchewan. The St. Walburg Inn offers multiple revenue streams including hotel accommodations, a licensed bar, restaurant, and 13 VLT machines, making it an attractive investment for owner-operators and investors alike. Originally built in 1969, the property has been extensively expanded and updated with additions completed in 2001, 2005, 2007, and 2014. The property features approximately 19,558 sq. ft. of improvements, including the main building with bar, restaurant, and guest rooms, along with multiple motel-style accommodation buildings offering comfortable guest lodging. Also there is a tenant who pays $1000 per month in rent. Situated on multiple titled parcels with excellent visibility and easy access, this turnkey business serves local residents, business travelers, tourists, and seasonal visitors. The combination of hospitality, food and beverage service, accommodation, and VLT income provides diversified revenue potential. A rare chance to acquire a landmark hospitality property in a thriving rural Saskatchewan community. Financial information is available to qualified buyers upon execution of a Confidentiality Agreement (NDA). Contact REALTOR® today for more information or to arrange a private viewing. (id:67197)

Price

$2,400,000

Property Type

Hospitality

Transaction Type

For sale

MLS® Number

SK042335

Interior Size

19558 sqft

Year Built

1969

Ownership Type

Freehold

Fireplace

No

Heating

Furnace

Interior Size

19558 sqft

Year Built

1969

Acreage

No

Ownership Type

Freehold