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$455,000 total
6,410 SF
Asset Class
Hospitality
Size
6,410 SF
Building class
C
Zoning
CB2 — Central Business
$ / SF
$71
Occupancy
100%
Year Built
1974
Turn-Key 19-Unit Motel – Assiniboia, SK Excellent opportunity to own a well-maintained 19-unit motel in the progressive community of Assiniboia. This meticulously maintained property, spanning 0.66 acres, includes a manager’s suite and office, allowing convenient on-site operation. The motel features 11 king rooms and 8 double rooms, excellent living apartment , ample guest parking, and an on-site laundry facility for room turnover for the future projection plan. The laundry area also offers potential to develop into a separate laundromat business serving the community. Prime location on Centre Street at the intersection of Highway #2 and Highway #13, providing strong visibility and easy access for highway traffic. Sale includes an adjoining 125’ x 125’ commercially zoned vacant lot, offering excellent future development or expansion potential. Assiniboia is approximately 110 km south of Moose Jaw and offers full amenities including hospital, schools, shopping, library, and community center. The region benefits from major infrastructure investment, including the 200 MW Golden South Wind Project located just south and east of town, supporting ongoing economic activity. Ideal opportunity for owner-operators or investors seeking stable income with additional upside potential. The motel was purchased in September 2023 and remained closed throughout 2024 and 2025 for extensive renovations, including the replacement of the boiler system. As a result, there were no operating revenues during that period. The motel reopened in April 2026 and is currently in operation. The sellers are motivated to sell and VTB is available since The owner is an absentee owner and currently resides outside the country. (id:66811)
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Monthly debt service
$2K
Projected NOI
$35K
Annual cash flow
$10K
Cash-on-cash
7.41%
DSCR
1.40
Going-in cap
7.77%
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 |
|---|---|---|
| Halcyon Wealth Partners | 6,404 SF | 2030-06 |
Trade area within 3 miles of the property.
Population
145,681
Households
64,921
Median income
$111,000
Median age
34.5
Daytime population
241,775
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 101 Center STREET, Assiniboia.
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.