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$359,900 total
5,202 SF
Asset Class
Hospitality
Size
5,202 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$69
Occupancy
87%
Year Built
1986
Lot Size
0.35 ac
Take advantage of this excellent opportunity to own the assets of the Milden Roadhouse & Motel, ideally located just off Highway 15 between Rosetown and Outlook. The Beverage room has a kitchen, VLTs, liquor vendor license and 6 hotel rooms, makes this business a diverse income generator. Offered as an asset sale, this package includes the equipment, machinery, fixtures, and ample on-site parking, providing an excellent foundation for a new owner to continue operations or bring their own vision to life. With its established location and versatile commercial setup. The 4 bedroom 2 bath house is attached to the motel with its own yard and private entrance. The living quarters are connected to the hallway for the rooms through its laundry room for ideal function for room cleaning as well as front lobby access. The strategic location, and proximity to ongoing agricultural, petroleum pipeline nearby and commuting distance to Saskatoon (one hour) make this an attractive investment Whether you're expanding your portfolio or launching your next venture, the Milden Roadhouse & Motel presents an exciting opportunity. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$20K
Annual cash flow
$-30
Cash-on-cash
-0.03%
DSCR
1.00
Going-in cap
5.53%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 2,296 SF | 2034-12 |
| Summit Trades Supply | 1,129 SF | 2034-12 |
| Summit Trades Supply | 1,080 SF | 2034-12 |
Trade area within 3 miles of the property.
Population
83,727
Households
31,756
Median income
$121,000
Median age
33.6
Daytime population
139,449
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 102 Centre STREET, Milden.
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.