MLS®# SK998801

83 MAIN STREET

$699,000.00 CAD
Lashburn
MLS®# SK998801


Location


Key Details

$699,000.00
Hotel/motel
7,304 SQ.FT
1903
Lashburn

Description

Turnkey Business Opportunity – Motel, Bar, Cannabis & Restaurant with Additional Revenue Streams! An incredible chance to own a well-established hospitality business in the heart of Lashburn! Located just 20 minutes east of Lloydminster on the Yellowhead Highway, this property offers multiple income streams, making it a fantastic investment for an ambitious owner-operator. Property Highlights: Motel: Six modernized rooms, each featuring a four-piece bath, TV, fridge, table, and microwave. [Included Living Quarters] Bar & Lounge: Known for its welcoming atmosphere, the bar is licensed for 100 guests and features 8 VLTs, an ATM, a pool table, and large-screen TVs. Restaurant: The seller has successfully operated a Chinese restaurant on-site, which has gained an excellent reputation among bar patrons and the local community. Cannabis Retail Business: A newly established cannabis business adds another strong revenue stream with good cash flow. Renovations & Upgrades: The current owner has made extensive improvements since acquiring the property in 2021, including structural upgrades, new high-efficiency furnaces, and enhanced kitchen facilities. Living Quarters: Fully equipped with a kitchen, living room, two bedrooms, and a separate laundry area. This property sits on six lots, providing ample parking and space for potential future expansion. With multiple revenue streams, a loyal customer base, and a prime location in a thriving community, this is a true turnkey business opportunity ready for its next owner! Contact us today for more details or to arrange a private viewing!

Listing courtesy of Aspaire Realty Inc.


More Info

City: Lashburn
Square Footage: 7304
Year Built: 1903
Type: Hotel/motel

Heating: Hot Water
Smoke Detectors: Yes
Sale Type: Assets
Listed By: Aspaire Realty Inc.