Main Photo: 554 5th Avenue West in Shaunavon: Commercial for sale : MLS®# SK981365
Photo 1: 554 5th Avenue West in Shaunavon: Commercial for sale : MLS®# SK981365
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK981365
Bus Major:
Motel
Located in the heart of Shaunavon, Saskatchewan, the Bears Den Motel presents an exceptional investment opportunity. Shaunavon is a thriving community driven by the oil, gas, helium, and agriculture sectors, ensuring a steady stream of guests to your property. The Bears Den Motel boasts a total of 50 units, thoughtfully designed to cater to a diverse clientele. Among these, 38 are one-bedroom units and 12 are two bedroom units. Additionally, the property includes 10 well-appointed kitchenette units, providing guests with the convenience of home. The motel has been meticulously maintained, ensuring that your investment remains in pristine shape. This commitment to quality extends back to its construction in 2011 and the subsequent expansions in 2014 and 2015, which have increased its capacity and revenue potential. As an added bonus, the property features a comfortable two-bedroom living quarters with two bathrooms. The Bears Den Motel's strategic location positions it as the preferred choice for both business and leisure travelers. Its proximity to key amenities further enhances its appeal, making it an attractive option for a wide range of guests. With a proven track record as an income generator and the region's economic growth potential, The Bears Den Motel is a turnkey opportunity. The property's impeccable condition requires no immediate investment, allowing you to start realizing returns promptly. Comprehensive financial records are available following the execution of a nondisclosure agreement. Don't miss out on the chance to own a piece of Shaunavon's success story. Contact me today to schedule a viewing.
Listing Area:
Shaunavon
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Year built:
2011 (Age: 13)
Total Floor Area:
13,800 sq. ft.
Taxes:
$16,409 / 2024
Ownership Title:
Freehold
Business Type:
Motel
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Supplies, Trade Name
Total Building Size:
13,800 sq. ft.
Heating:
Air Conditioning, Electric, Floor Model Furnace, Other
Construction:
Wood Frame
Lot Size:
2.29 acre(s)
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Listed by eXp Realty
Data was last updated November 23, 2024 at 11:35 PM (UTC)
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