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Business For Sale · Specialty

103 Main STREET, Blaine Lake

103 Main STREET, Blaine Lake, SK S0J0J0

$1.1M total

3,047 SF

Asset Class

Specialty

Size

3,047 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$361

Occupancy

85%

Year Built

1929

About this property

Welcome to Crossroads Tavern in Blaine Lake! Established in 1997, Crossroads 12-40 Tavern has proudly served the community for 29 years! This well-established, owner-operated tavern offers liquor sales, a food menu, and VLTs, with nearly three decades of history and community presence. Ideally located at the junction of Highway 12 and Highway 40 — the "Gateway to the Lakes." Close to numerous lake resorts, with golfing, fishing and hunting nearby. Located at 103 Main Street, approximately one hour from Saskatoon, this is a turnkey asset sale that includes the land and building, allowing you to own your location outright with no lease to worry about. The sale also includes equipment, fixtures, goodwill, and the Crossroads 12-40 trade name, giving the new owner the opportunity to continue operating an established business with a loyal local customer base from day one. This is a rare opportunity to take ownership of a proven small-town business with 29 years of operating history, steady local traffic, and strong community roots. Continue its longstanding tradition or bring your own vision with special events, an expanded menu, and new opportunities for growth. Financial information is available to qualified buyers upon signing a confidentiality agreement. Liquor permit and VLT transfers are subject to SLGA approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$59K

Annual cash flow

$-1K

Cash-on-cash

-0.44%

DSCR

0.98

Going-in cap

5.41%

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
Cascade Foods Inc.1,394 SF2029-01
Cascade Foods Inc.645 SF2029-01
Cascade Foods Inc.400 SF2029-01
Cascade Foods Inc.400 SF2029-01

Area demographics

Trade area within 3 miles of the property.

Population

114,506

Households

49,384

Median income

$113,500

Median age

32.2

Daytime population

168,745

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 103 Main STREET, Blaine Lake.

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.