225 Creighton AVENUE Creighton, Saskatchewan

This well-maintained two-story motel features 36 rooms and an on-site lounge with four VLTs. Sales are $858,000 in 2024 and $758,000 in 2023, and Occupation Rate is 62.8% in 2024 and 55.4% in 2023. Operating as an almost absentee-owner business, it offers significant potential for increased sales, particularly due to its proximity to a mining and smelting company. Recent renovations include a newly replaced roof, beds, room heaters, carpets, and bathrooms, contributing to a competitive edge and a steady increase in sales. The property also includes a manager’s suite with three bedrooms and a full bath. The restaurant space is currently leased, and it boast an impressive CAP rate of 20.60% (id:24493)

MLS® #SK988941

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$ 1990000 In stock 2025-03-10 https://ohmy.ca/flin-flon/real-estate/houses-for-sale/225-creighton-avenue-creighton-saskatchewan_1751836.html

5/ 5customer reviews