MLS®# SK011996

720 8TH STREET

$1,590,000.00 CAD
Nipawin
MLS®# SK011996


Location


Key Details

$1,590,000.00
Hotel/motel
6,800 SQ.FT
1962
Nipawin

Description

A consistently profitable business located in the heart of Nipawin's high-traffic tourist corridor, renowned for its world-class fishing and hunting. Situated just 3 hours from Saskatoon, this property spans 2.06 acres across two legal parcels. The business demonstrates robust financial health with an average annual net income exceeding $220,000 over the last three years. The sale includes two motel buildings (5,800 sqft), a separate 1,000 sqft manager's residence with an office, and all assets required for immediate operation. Two buildings with a total 21 rooms, mostly are newly renovated, all rooms has tv screens/coffee pots/ microwaves and laundry facilities. 8 rooms secured by a long-term corporate contract with CPR crews, ensuring stable revenue. An inviting outdoor space featuring BBQs, fire pits, and picnic areas. This is a premier opportunity to acquire a thriving hospitality business with a strong reputation and immediate cash flow.

Listing courtesy of Aspaire Realty Inc.


More Info

City: Nipawin
Square Footage: 6800
Year Built: 1962
Type: Hotel/motel
Amenities: Alarm System Owned, Communication Network, Highway Frontage, Interior Space, Onsite Parking, Store Front
Heating: Air Conditioning, Floor Model Furnace, Hot Water
Land Size: 2.06

Office Area: 1000.00
Parking Facility: Yes
Retail Area: 5800.00
Smoke Detectors: No
Total Acres: 2.0600
Sale Type: Assets
Listed By: Aspaire Realty Inc.