111 Main STREET, Nokomis111 Main STREET, Nokomis — photo 2111 Main STREET, Nokomis — photo 3111 Main STREET, Nokomis — photo 4111 Main STREET, Nokomis — photo 5111 Main STREET, Nokomis — photo 6111 Main STREET, Nokomis — photo 7111 Main STREET, Nokomis — photo 8
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Business For Sale · Hospitality

111 Main STREET, Nokomis

111 Main STREET, Nokomis, SK S0G3R0

$259,000 total

3,300 SF

Asset Class

Hospitality

Size

3,300 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$78

Occupancy

94%

Year Built

1908

Lot Size

0.39 ac

About this property

Don't miss out on this great opportunity to own a thriving hotel and bar in the vibrant town of Nokomis, boasting over a decade of stable ownership. This turnkey business includes 5 VLTs, jukebox, ATM & off-sale liquor permit, generating around $400k in annual sales. The property features a spacious 88-seat bar area / beverage room, a 20-seat restaurant, and 10 rental rooms—5 with full baths, 4 with half baths—ideal for hunters and tourists alike; plus 2 bedroom manager suite / living quarter on the main floor; fully equipped kitchen with updated appliances and a walk-in cooler. Recent upgrades include newer roofing, newer boiler, newer fridge etc. With proximity to the proposed BHP mine, the property offers significant growth potential for accommodating construction crews. Financial statements are available upon request, making this an excellent investment. Building and land is included. Good for SINP. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$259K
Down payment30% · $78K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$3K

Cash-on-cash

3.77%

DSCR

1.20

Going-in cap

6.67%

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
Prairie Coffee Roasters3,089 SF2029-04

Area demographics

Trade area within 3 miles of the property.

Population

144,853

Households

67,592

Median income

$80,500

Median age

40.4

Daytime population

233,616

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 111 Main STREET, Nokomis.

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.