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103 Main Street in Demaine: Commercial for sale : MLS®# SK797504

103 Main Street Demaine S0L 0R0 :

$499,000
Prop. Type:
Commercial
MLS® Num:
SK797504
Status:
Active
Bus Major:
Hotel/Tavern/Restaurant
Very well-established Demaine Hotel/Motel/Tavern/Restaurant/Dining Room/ Banquet Room and Lounge for sale in Demaine, Saskatchewan. The Demaine Hotel has been serving the area, travelers, sportsmen, and workers since the early 1920’s. It has been the most popular gathering place for tourists and locals alike since then. They offer great home-style cooked meals, homemade pies, buns, soup, steaks and pizza, off-sale beer, wine and spirits for those staying at one of the nearby Lake Diefenbaker resorts, living in the community, or visitors. The fully updated Demaine hotel features 3 rooms on the second level which currently rent for $80/night, a fully equipped kitchen, spacious banquet room with a steak pit, tavern area with seating for 86 people, 4 VLT’s for extra income, restaurant area with seating for 16 people, and outdoor patio. Updates include new high efficiency furnaces (2-3 yrs. old), new air conditioner, LED lighting, all mechanical (3 yrs. old), plumbing updated to PEX materials, and electrical is updated within 3 yrs. right out to the transformer. The property also includes, a couple of outbuildings, fondly known as the “Harness Shed’ and ‘Coop’ which are currently used for storage and extra building supplies, as well as a 3-bedroom trailer to be used for rental and will be completed by April. Bookings are already in place for 2020. Demaine is located just 12 miles south of Lucky Lake, 10 miles east of Beechy and just 40 minutes to the Beechy Sandcastles, and a quick 12-minute drive to Lake Diefenbaker to enjoy all those lake sports including, fishing, boating, ice-fishing, water skiing, and more. And not to forget all those hunters that come into the area for the hunting season in the fall. Call today for that on-site showing – you won’t be disappointed!
Listing Area:
Demaine
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Year built:
1910 (Age: 110)
Total Floor Area:
Switch units of measure3,876 sq. ft.
Taxes:
$2,114 / 2019
Property Offered:
Buildings And Land
Ownership Title:
Freehold
Business Type:
Hotel/Tavern/Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Inventory, Supplies, Trade Name
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Air Conditioning, Floor Model Furnace
Construction:
Wood Frame
Alarm System Rented
Power Type:
Single Phase
Date Listed:
Jan 21, 2020
Days on Mkt:
37
Data was last updated February 27, 2020 at 03:35 PM (UTC)
Benita McNeill
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