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405 Main Street
Loon Lake Loon Lake S0M 1L0

$1,500,000
Commercial 7,200 sq. ft. built: 1932

Main Photo: 405 Main Street in Loon Lake: Commercial for sale : MLS®# SK864261
Photo 1: 405 Main Street in Loon Lake: Commercial for sale : MLS®# SK864261
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK864261
Bus Major:
Liquor Retail/ Bar
Great investment opportunity, that will provide a great return on your investment in a resort community located in Loon Lake, Saskatchewan. This small-town business has had many upgrades and gives off feeling of companionship and a very comfortable atmosphere, which makes you want to kick back and relax. You will be astonished when you open the doors and see how well designed and maintained this establishment is. This business has 2 liquor licenses, one for retail and other for the bar, which are currently run as 2 separate businesses. The bar includes 10 VLT machines, pool tables, ATM, dance floor and amazing outdoor patio that is completely enclosed. This building has so much space and the floor plan is very nicely designed. Some upgrades include: new compressor, new computer system, metal roof (replaced 10-12 years ago), new tills in both bar and vendor, new furnace, freshly coated paint in 2021, updated men's washroom with automatic flushing toilet to name a few. High tech security system has also been installed with 30 cameras on the premises. This property also offers, great living quarters with kitchen, 3 large bedrooms and a 4-piece bathroom as well as laundry on the main floor. This business is clean. The liquor vending side is a great income stream and has proven to be extremely profitable even during the pandemic with limited business hours. Beautiful lakes within the area for swimming, fishing, hiking, golfing and water sports. Do not miss this fabulous opportunity! If you are looking for a great business to invest in - don't wait. Call today for your private showing.
Listing Area:
Loon Lake
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1932 (Age: 89)
Total Floor Area:
7,200 sq. ft.
Taxes:
$5,267 / 2021
Frontage:
143'
Ownership Title:
Freehold
Business Type:
Liquor Retail/ Bar
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Supplies, Trade Name
Office Size:
140 sq. ft.
Retail Size:
4,710 sq. ft.
Smoke Detector:
Yes
Sprinkler system:
No
Warehouse Size:
1,074 sq. ft.
Heating:
Floor Model Furnace, Hot Water
Construction:
Wood Frame
Alarm System Rented, Onsite Parking
Parking Facility: Yes
Power Type:
Three Phase
Lot Size:
19,602 sq. ft.
Parking Places:
5.0
Parking Places Covered:
1.0
Parking places electrified:
4
Parking places open:
4
Date Listed:
Jul 19, 2021
Days on Mkt:
95
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Data was last updated October 22, 2021 at 09:35 PM (UTC)
Nadine Holstine
Brian Lampitt

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