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Business For Sale · Hospitality

115 Main STREET, Limerick

115 Main STREET, Limerick, SK S0H2P0

$249,900 total

9,534 SF

Asset Class

Hospitality

Size

9,534 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

$26

Occupancy

83%

Year Built

1920

Lot Size

1.1 ac

About this property

Thriving Historic Hotel & Restaurant in Limerick, Saskatchewan An exceptional opportunity to own a well-established, historic hotel and restaurant in the heart of Limerick, Saskatchewan. This turn-key operation offers strong community presence, multiple revenue streams, and a solid track record with strong historical gross sales. The property features 12 guest rooms currently in operation, plus a comfortable live-in owner/manager suite, making it ideal for hands-on operators or owner-managers seeking lifestyle and income in one location. The restaurant and bar offer a welcoming atmosphere with indoor seating capacity for 100 guests (with 49 more on outside patio), making it well-suited for daily dining, events, and community gatherings. Revenue is further enhanced by 4 VLT machines, providing consistent additional income. Significant upgrades have been completed in recent years, including: -All new commercial kitchen equipment (6 years ago) -Ductless split A/C units (5 years old) -Beer cooler and outdoor patio (4 years ago) -Commercial dishwasher (1 year ago) -Glass washer in bar (2 years ago) -ATM machine bought in 2019 This property has built a strong local reputation for quality food, friendly service, and a vibrant atmosphere. The outdoor patio adds seasonal appeal, while the updated equipment minimizes immediate capital expenditure needs. With multiple income streams — hotel accommodations, restaurant dining, bar service, and VLT revenue — this is a rare opportunity to acquire a profitable, community-rooted hospitality business with established financial performance. Ideal for entrepreneurs, hospitality operators, or investors seeking a stable rural Saskatchewan asset with lifestyle appeal. Highest or any offer not necessarily accepted by sellers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$11K

Annual cash flow

$-3K

Cash-on-cash

-3.64%

DSCR

0.80

Going-in cap

4.45%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners5,253 SF2033-02
Halcyon Wealth Partners2,689 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

84,325

Households

34,077

Median income

$107,500

Median age

45.8

Daytime population

117,891

5-yr growth

1.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 115 Main STREET, Limerick.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.