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Hospitality For Sale

$1,100,000

1041 Kaiser William AVENUE

MLS® Number: SK028058

Floor Area

8,524

Land Size

1.64

Year Built

1981

About This Property

VERY WELL MAINTAINED, TURN KEY PROFITABLE BUSINESS IN A PRIME LOCATION! Right off the Yellowhead highway #16 connecting SK with the East & the West, you will find a great 25 room profitable motel business. In 1981 the 15 room motel complete with the 2 bedroom manager apartment (could be 3 bedroom if needed) was built on the edge of Langenburg Sk, right in the heart of potash country. Then in 2009 and 2012, the business was expanded to add 10 suites with kitchenettes to meet the growing demand for short and long term rentals. This business has generated a profit each year since owned by these sellers. Pride of ownership here as you drive up and notice how well maintained the yard is and it doesn’t stop there…all 15 rooms and suites are very clean. Your new business is ready to go with fantastic sellers to help guide you. All inventory, goodwill, outside equipment including snow removal equipment and riding lawnmower, inside security cameras, furnishings and so much more! There are natural gas dryers and updated natural gas hot water tank on site. Each suite controls their own heat and air conditioning. Other updates include but not limited to roof, flooring, paint and more. The continuing business opportunities here are endless…a short drive to both Mosaic and Nutrien Potash mines which contractors often stay in one of the many suites. Russell Mb is a short drive with the Canola plant, the ski hill and a new potash mine as well. You also have a lot of yard space here to expand or even diversify and offer locals and passerby’s maybe a place to stop by maybe adding a snack stop, mini golf, petting zoo, maybe add a hockey team wing complete with common room mini stick area….the opportunities are endless.

Property Details

Interior Details

Heating

Electric

Living Area

8524 sqft

Building & Exterior

Building Area Total

8524.0

Building Area Units

square feet

Year Built

1981

Land & Location

Frontage Length

460.0 feet

Lot Size Area

1.64 acres

Lot Size Dimensions

1.64

Postal Code

S0A2A0

Listing & Financials

Listing Office

Royal LePage Next Level

Originating System Name

Saskatchewan REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($220,000)
5.5%
25 Years

Estimated Monthly Payment

$5,404

Principal and interest only. Actual rates may vary.

Location & Map

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List Property1041 Kaiser William AVENUE - Hospitality for Sale in Langenburg, Saskatchewan | MLS® SK028058