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305 Pacific Avenue
Luseland Luseland S0L 2A0

$549,000
Commercial 8,318 sq. ft. built: 1912

Main Photo: 305 Pacific Avenue in Luseland: Commercial for sale : MLS®# SK867012
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK867012
Bus Major:
Bar/ Resturant
Excellent business opportunity to own a functioning and thriving turn-key business in small town Saskatchewan. The Royal George Hotel and all it's history has been a long standing staple of the Luseland community this business is a fully operating restaurant and bar with two distinctive spaces. Offering more then profitable returns for the past years. Bar side is 2400 Sq. Ft space with 14' x 10' beer cooler. Bar top is 19'x 4' with owned dishwasher and draft tap system as well as a efficient liquor dispensing system. The 40' x 50' outdoor fenced patio has 9 tables. Bar currently has VLT licensing as well as a RSP licence for off sales/ liquor store. Full commercial kitchen conveniently located to service both bar and restaurant with 10' x 14' walk-in cooler and 8'x 12' walk-in freezer. Motel portion on the second and third floors are currently being utilized as storage and office space with the potential to configure into multiple apartment dwellings, restore back to motel/Airbnb, or configure into entertainment or event space. Second floor consists of a two room office space, bathrooms, 8 bedrooms, and laundry room. Third floor has apartment loft, laundry room, bathrooms, and 7 bedrooms. Additional to the hotel structure is a 28' x 24 garage to the rear is used for storage and bottles. Buyers package and financial statement available for viewing for qualified buyers.
Listing Area:
Luseland
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1912 (Age: 109)
Total Floor Area:
8,318 sq. ft.
Taxes:
$5,212 / 2021
Frontage:
125'
Ownership Title:
Freehold
Business Type:
Bar/ Resturant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Parking
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Air Conditioning, Electric
Construction:
Wood Frame
Alarm System Owned, Floor Drains, Onsite Parking, Sump
Parking Facility: Yes
Power Type:
Three Phase
Amps:
780
Lot Size:
14,374.8 sq. ft.
Nearest Town:
Luseland
Parking Places:
20.0
Parking places open:
20
Date Listed:
Aug 10, 2021
Days on Mkt:
45
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Data was last updated September 24, 2021 at 03:35 AM (UTC)
Kayla Meredith
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