Office Listings
225 Creighton Avenue
Creighton
Creighton
S0P 0A0
$1,990,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- SK988941
- Photos (17)
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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%
- Listing Area:
- Creighton
- Property Type:
- Commercial
- Property Sub Type:
- Hotel/Motel
- Year built:
- 1988 (Age: 36)
- Total Floor Area:
- 21,326 sq. ft.1,981 m2
- Taxes:
- $19,917 / 2024
- Ownership Title:
- Freehold
- Elevator:
- None
- Assets Include:
- Equipment & Machinery, Fixtures, Goodwill, Trade Name
- Heating:
- Air Conditioning, Hot Water
- Construction:
- Wood Frame
- Lot Size:
- 1.19 acre(s)0.48 hectare(s)
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View of building exterior with cooling unit
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Dining room with a paneled ceiling
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Hall featuring dark colored carpet and a drop ceiling
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Photo 4 of 17
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View of carpeted home office
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Bedroom featuring a textured ceiling and dark carpet
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Bedroom featuring a wall unit AC and carpet floors
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Laundry room featuring independent washer and dryer
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View of carpeted dining room
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Dining area featuring indoor bar
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Recreation room featuring carpet
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View of kitchen
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Kitchen featuring light tile patterned flooring
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Kitchen with appliances with stainless steel finishes and ventilation hood
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Listed by Boyes Group Realty Inc.
Data was last updated December 2, 2024 at 09:35 AM (UTC)
- Richard Reimer
- Boyes Group Realty Inc.
- 1(306)227-4009
- Contact by Email
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