104 4th Avenue E Gravelbourg, Saskatchewan S0H 1X0
$395,900
RARE Investment Opportunity – Profitable Bar, Renovation-Ready Motel & Prime Land! Seize this incredible value-add opportunity to own a profitable business, 11 titled lots, and a massive 13,666 sq ft commercial building. Included in the sale: • Neighbours Kitchen & Bar – a thriving, turn-key business with a strong local following and proven cash flow • Mayfair Motel – 22-room motel, currently closed and awaiting renovation with huge income potential • 11 lots in total – 8 currently in use, with 3 vacant lots offering additional development or expansion possibilities • 13,666 sq ft commercial building on a 0.6 acre site The bar alone supports the current valuation, meaning you’re getting the land, motel, and dining room essentially for free. With strategic renovations, the Mayfair Motel could be revived to create multiple income streams from short-term stays, long-term rentals, or even staff housing. Ideal for investors, developers, or owner-operators looking to capitalize on a low-entry price and high ROI potential. Whether you expand the current business, reopen the motel, or redevelop the underutilized lots, the possibilities here are immense. Opportunities like this are extremely rare — especially at this price point. Don’t miss out. (id:62370)
Property Details
| MLS® Number | SK006086 |
| Property Type | Hospitality |
Building
| Constructed Date | 1975 |
| Heating Type | Furnace |
| Size Exterior | 13666 Sqft |
| Size Interior | 13,666 Ft2 |
Land
| Acreage | No |
| Size Irregular | 0.84 |
| Size Total | 0.84 Ac |
| Size Total Text | 0.84 Ac |
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May 15 2025 08:41:46
Saskatchewan REALTORS® Association
RE/MAX Saskatoon