1203 8th

$2,900,000 - MLS® SK757062
1203 8th
Nipawin
Hotel on 2.49 acres with ample asphalt paved parking space plus a chain-link storage compound. The building is appox. 20,785 sq/ft on main and 8,800 sq/ft on 2nd level giving just over 29,000 sq/ft, concrete block structure built in 1980+1986 with renovations done over the years including the roof. There are three major areas including the pub/lounge measuring 76' x 52' with seating capacity of 190 and outdoor patio including VLT's/off-sale. VLT area includes 13 machines and measures 15' x 7' and the off-sale store front is 14' x 12.6' with a huge walk-in cooler (14' x 28'). Restaurant is approx 40 x 27 with an approx 21 x 24 conference room with a seating capacity for 96 patrons. Kitchen is crisp and clean measuring 38.10' x 34' plus storage. All this plus 6 public/staff use washrooms. Don't forget the 50 guest rooms each with a 4 pc bathroom and own heating/cooling controls. Liquor store? Pool? - Are some of the ideas for future development for a new owner looking to expand on your investment. Exceptional location with exposure off the highway on the south end of Nipawin! Additional property available to purchase behind for your expansion designs see MLS# SK759416.
Amenities:
Alarm System Owned,Fenced Compound,Onsite Parking,Wheelchair Access,Highway Frontage
Amps:
1200
Assets Include:
Equipment & Machinery,Fixtures,Goodwill,Parking,Trade Name
City:
Nipawin
Construction:
Concrete Block
Elevator Type:
None
Heating:
Air Conditioning,Floor Model Furnace,Roof Top H/Vac
Listing Contract Date:
2019-01-15
List Price:
$2,900,000
Lot Frontage:
79
Ownership Title:
Freehold
Parking Facility Y N:
1
Postal Code:
S0E 1E0
Power:
Single Phase
Property Type:
Commercial
Pylon Sign:
Owned
Sprinklers:
No
Sq Ft Total:
20,785
Taxes Gross:
39667
Tax Year:
2019
Total Land Area:
2.45
Total Land Area Srch Acre:
2.4500
Total Land Area Units:
Acres
Transaction Type:
For Sale
Type Of Bus:
Hotel/restaurant/rooms/liquor store
Type Of Sale:
Assets
Year Built:
1980

This is only a guide. Please verify this information with your mortgage specialist.

Listed with:

Linda R. Swehla - RE/MAX Nipawin
phone: (306) 862-6390
e-mail: remax.nipawin@sasktel.net