$ 1,490,000
418 BROADWAY STREET W Yorkton, SK S3N 0P2
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$ 1,490,000
Est. payment | /mo
12,000 SqFt
$ 1,490,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $124
MLS Listing ID SK980506
Originating Board Saskatchewan
Year Built 1967
Annual Tax Amount $17,782
Tax Year 2023
Lot Size 0.920 Acres
Acres 0.92
Property Description
The Yorke Inn motel is just across the street from the civic center & casino, in the bustling city of Yorkton, population of 20000. Its location can not be any better: Tim Hortons, Petro-Canada, Casino, Yorkton Curling Rink, Civic Center are all across the street. Sitting on a 0.92 acre of a corner lot, the yorke Inn features 24 ground level rooms, plus 2 storey building which is a manager suite (4 bedroom suite) and reception desk, and a detached double garage. 2023 sales are more than $360k. Gross revenue was $320,000 per year (6 years average of 2010 to 2015). Since 2021 the seller has spent over $120k on major updates and improvements and upgrades( complete list available). Newly renovated (five kitchenettes) w/ 4pce, bath, newer colour TV's, phone, wireless internet access. Air conditioned, fridges, microwaves, etc. Newer commercial 2 washers & 2 dryers. Super simple and easy operation. An excellent family business or investment opportunity.
Location
Province SK
Interior
Heating Hot Water
Cooling Hot Water
Exterior
Garage Spaces 26.0
Amenities Available Onsite Parking
Total Parking Spaces 26
Building
Structure Type Concrete Block
Others
Ownership Freehold
Listed by Royal LePage Next Level
"Our goal is to support local folks and work with good people. It's about doing things right and doing them right here."