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Location
Key Details
$549,900.00
Hotel/motel
11,252 SQ.FT
1925
Wynyard
Description
Excellent opportunity to own a landmark business and building in the thriving community of Wynyard, Saskatchewan - a full-service town with a high school, regional college, golf course, rink, hospital, banks, and automotive services. The property offers 11,252 sq.ft. of space on a concrete foundation with a durable brick exterior. The main floor features a fully licensed restaurant and bar, an ice cream/slush area (not in full operation, providing great potential for an additional revenue stream), 10 VLTs offering steady, low-maintenance income, ATM, and permits for restaurant liquor and tobacco sales. A smart home system controls security, lighting, heating, and cooling. The second floor includes a long-term tenant in a 2-bedroom suite with kitchen and 4-piece bath, while the remaining area could be developed into up to 12 guest rooms, 4 bathrooms, and 1 laundry room. The third floor offers an owner's suite with living, kitchen, dining, one bedroom, and 4-piece bath, plus a move-in-ready manager's bachelor suite with kitchen and 3-piece bath; seven additional rooms provide renovation potential. The main floor is heated with a floor unit and A/C, and the upper floors with hot-water heating. Upgrades completed around 2016 include washroom and kitchen renovations, walk-in cooler, reverse osmosis system, modern lighting, décor updates, and fresh finishes throughout. A rare chance to own a versatile, income-producing property with room to grow in the heart of Wynyard.
Listing courtesy of L&t Realty Ltd.
More Info
City: Wynyard
Square Footage: 11252
Year Built: 1925
Type: Hotel/motel
Amenities: Alarm System Owned, Interior Space, Onsite Parking, Store Front
Heating: Air Conditioning, Floor Model Furnace, Hot Water, Roof Top H/vac
Land Size: 0.14
Parking Facility: Yes
Smoke Detectors: Yes
Total Acres: 0.1400
Sale Type: Assets
Listed By: L&t Realty Ltd.