MLS®# SK980506

418 BROADWAY STREET

$1,490,000.00 CAD
Yorkton
MLS®# SK980506


Location


Key Details

$1,490,000.00
Hotel/motel
12,000 SQ.FT
1967
Yorkton

Description

The Yorke Inn motel is just across the street from the civic center & casino, in the bustling city of Yorkton, population of 20000. Its location can not be any better: Tim Hortons, Petro-Canada, Casino, Yorkton Curling Rink, Civic Center are all across the street. Sitting on a 0.92 acre of a corner lot, the yorke Inn features 24 ground level rooms, plus 2 storey building which is a manager suite (4 bedroom suite) and reception desk, and a detached double garage. 2023 sales are more than $360k. Gross revenue was $320,000 per year (6 years average of 2010 to 2015). Since 2021 the seller has spent over $120k on major updates and improvements and upgrades( complete list available). Newly renovated (five kitchenettes) w/ 4pce, bath, newer colour TV's, phone, wireless internet access. Air conditioned, fridges, microwaves, etc. Newer commercial 2 washers & 2 dryers. Super simple and easy operation. An excellent family business or investment opportunity.

Listing courtesy of Royal Lepage Next Level


More Info

City: Yorkton
Square Footage: 12000
Year Built: 1967
Type: Hotel/motel
Amenities: Onsite Parking

Heating: Hot Water
Land Size: 0.92
Total Acres: 0.9200
Sale Type: Assets
Listed By: Royal Lepage Next Level