x
Showing 1 of 0
X
Save

225 Creighton AVENUE
Creighton Saskatchewan S0P0A0 Canada

$1,990,000

Active Listing ID SK988941
rule icon
21,326 square feet
home icon
Hospitality

$1,990,000

Active Listing ID SK988941
Save

225 Creighton AVENUE 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:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Hospitality
  • Features
  • Heating Systems: Hot Water
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/2/2024 1:25:22 AM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: Simon Choi, Salesperson, Boyes Group Realty Inc.