









1/1183 MAIN STREET, Lashburn, SK S0M1H0
$649,000 total
7,304 SF
Asset Class
Hospitality
Size
7,304 SF
Building class
A
Zoning
CB2 — Central Business
$ / SF
$89
Occupancy
93%
Year Built
1903
Turnkey Business Opportunity – Motel, Bar, Cannabis & Restaurant with Additional Revenue Streams! An incredible chance to own a well-established hospitality business in the heart of Lashburn! Located just 20 minutes east of Lloydminster on the Yellowhead Highway, this property offers multiple income streams, making it a fantastic investment for an ambitious owner-operator. Property Highlights: Motel: Six modernized rooms, each featuring a four-piece bath, TV, fridge, table, and microwave. [Included Living Quarters] Bar & Lounge: Known for its welcoming atmosphere, the bar is licensed for 100 guests and features 8 VLTs, an ATM, a pool table, and large-screen TVs. Restaurant: The seller has successfully operated a Chinese restaurant on-site, which has gained an excellent reputation among bar patrons and the local community. Cannabis Retail Business: A newly established cannabis business adds another strong revenue stream with good cash flow. Renovations & Upgrades: The current owner has made extensive improvements since acquiring the property in 2021, including structural upgrades, new high-efficiency furnaces, and enhanced kitchen facilities. Living Quarters: Fully equipped with a kitchen, living room, two bedrooms, and a separate laundry area. This property sits on six lots, providing ample parking and space for potential future expansion. With multiple revenue streams, a loyal customer base, and a prime location in a thriving community, this is a true turnkey business opportunity ready for its next owner! Contact us today for more details or to arrange a private viewing! (id:66811)
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Monthly debt service
$3K
Projected NOI
$47K
Annual cash flow
$11K
Cash-on-cash
5.78%
DSCR
1.31
Going-in cap
7.28%
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 |
|---|---|---|
| Blue Harbour Design | 2,881 SF | 2029-02 |
| Blue Harbour Design | 3,889 SF | 2029-02 |
Trade area within 3 miles of the property.
Population
72,554
Households
31,961
Median income
$80,500
Median age
43.5
Daytime population
87,993
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 83 MAIN STREET, Lashburn.
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.