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Location
Key Details
$650,000.00
Hotel/motel
13,656 SQ.FT
1912
Leader
Description
An ideal opportunity for a family-run business with significant potential to increase revenue. This well-established property has served the community for over 50 years and offers multiple income streams, including 22 guest rooms, a manager's suite, bakery space, tavern, seven VLTs, liquor license(s) for liquor off-sale, tavern & home delivery (purchasers would have to apply for licenses independently), and a fully equipped 80 -100 seat restaurant reopening on April 08,2026). The property presents a compelling value-add opportunity, with strong local demand for food service in the area as expressed by Community Leadership providing an excellent opportunity for growth. The main floor features a welcoming lobby with direct access to the restaurant and tavern located just off the main corridor. The bar includes a convenient dock-height loading area for deliveries and a dedicated beer cooler. An additional liquor storage room plus display shelving is also in place. The commercial kitchen and bakery is fully equipped with gas-fired grills, fire suppression systems, a walk-in freezer, walk-in refrigerator, and walk-in dedicated dry storage area, supporting efficient food service operations. Guest accommodations are located on the second and third floors and including 11 single-bed rooms and 11 double-bed rooms. Each room is equipped with a flat-screen TV, refrigerator, microwave, and coffee maker. A guest laundry facility is available on the third floor. The rooms have seen significant up grades including wall mounted AC/Heating units and windows. The metal roof and stucco exterior provide low maintenance exterior upkeep. The property is being offered as a turnkey operation, including all chattels such as computer systems, security monitoring equipment, and restaurant assets. All equipment is believed to be in good working order (exception-one refrigerator located behind the restaurant buffet area). The equipment is offered on a “where is/as is” basis without warranty.
Listing courtesy of Royal Lepage® Landmart
More Info
City: Leader
Square Footage: 13656
Year Built: 1912
Type: Hotel/motel
Amenities: Alarm System Owned, Onsite Parking, Security Access, Store Front, Sump
Heating: Air Conditioning, Electric, Floor Model Furnace
Land Size: 0.53
Parking Facility: Yes
Retail Area: 13656.00
Smoke Detectors: Yes
Total Acres: 0.5300
Sale Type: Assets
Listed By: Royal Lepage® Landmart
