225 Creighton Avenue Creighton, Saskatchewan S0P 0A0
$1,990,000
This well-maintained two-story motel features 36 rooms and an on-site lounge with four VLTs. Sales are $858,000 in 2024 and $758,000 in 2023, and Occupation Rate is 62.8% in 2024 and 55.4% in 2023. Operating as an almost absentee-owner business, it offers significant potential for increased sales, particularly due to its proximity to a mining and smelting company. Recent renovations include a newly replaced roof, beds, room heaters, carpets, and bathrooms, contributing to a competitive edge and a steady increase in sales. The property also includes a manager’s suite with three bedrooms and a full bath. The restaurant space is currently leased, and it boast an impressive CAP rate of 20.60% (id:44479)
Property Details
| MLS® Number | SK988941 |
| Property Type | Hospitality |
Building
| Constructed Date | 1988 |
| Heating Type | Hot Water |
| Size Exterior | 21326 Sqft |
| Size Interior | 21326 Sqft |
Land
| Acreage | Yes |
| Size Irregular | 1.19 |
| Size Total | 1.19 Ac |
| Size Total Text | 1.19 Ac |
https://www.realtor.ca/real-estate/27693613/225-creighton-avenue-creighton
Interested?
Contact us for more information
Simon Choi
Salesperson
714 Duchess Street
Saskatoon, Saskatchewan S7K 0R3
(306) 653-2213
(888) 623-6153
https://boyesgrouprealty.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 02 2024 01:16:52
Saskatoon Region Association of REALTORS® Inc.
Boyes Group Realty Inc.