83 MAIN STREET, Lashburn

$649,000

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About this property

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! (id:66939)

Property details

Price
$649,000
Living area
7,304 square feet
Year built
1903
Property type
Hospitality
MLS® number
SK030353

Location

Map showing the location of 83 MAIN STREET, Lashburn

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Listing courtesy of Aspaire Realty Inc.. Source board: Saskatchewan REALTORS® Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.