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$ 980,000

227 MAIN STREET, Radville, SK, S0C 2G0

Listing ID# SK602341
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$ 980,000

  • 227 MAIN STREET
    Radville, SK S0C 2G0
  • Listing ID SK602341
  • Building Type: Commercial
  • Space: 19734 sq ft
  • Status: For Sale/Active
  • Days on Market: 177
  • Age of Building: 1977
  • Heating: AIR CONDITIONING; FLOOR MODEL FURNACE
  • Amenities: ONSITE PARKING; STORE FRONT
  • Ownership: Freehold

Property Description

Live your dream with this multi business property in the thriving community of Radville located in SE Saskatchewan. The local economy is primarily driven by agriculture and diverse supporting service industries. This business has been recognized with an award from Tourism Saskatchewan. There is multi-income streams from the bar, hotel (20 rooms), bed and breakfast (5 themed rooms), restaurant, and lease from the salon plus other potential income opportunities. The 20 "hotel type" rooms have serious potential for a senior citizen care home as it is separate from the bar and restaurant. The premises have been recently renovated with the most recent renovations in May 2016 being to the kitchen area. As well there is the added living space for the new owner or bar manager. The replacement cost of the property and inclusions are estimated to be in excess of $2 million. Additionally there is a 60'x120' vacant lot adjacent to the premises and included with the sale. This is an exceptional investment opportunity with Care Home potential as there are 20 rooms. Room income from Oct 2015 to Sep 2016 was $66,600.00. Owner financing would be considered for qualified buyer.



Listing courtesy of Century 21 Dome Realty Inc.


Features

  • central air condition
  • parking

The property data being displayed has been provided through the Internet Data Exchange of the Association of Regina REALTORS? Inc. which owns the Copyright 2017to the listing data. All information is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. The Data provided must only be used by consumers for the purpose of listing and purchasing real estate and may not be used for any commercial purpose.Copyright 2017 Association of Regina REALTORS? Inc. All rights reserved.