109 Centre STREET, Middle Lake109 Centre STREET, Middle Lake — photo 2109 Centre STREET, Middle Lake — photo 3109 Centre STREET, Middle Lake — photo 4109 Centre STREET, Middle Lake — photo 5109 Centre STREET, Middle Lake — photo 6109 Centre STREET, Middle Lake — photo 7109 Centre STREET, Middle Lake — photo 8109 Centre STREET, Middle Lake — photo 9109 Centre STREET, Middle Lake — photo 10109 Centre STREET, Middle Lake — photo 11109 Centre STREET, Middle Lake — photo 12109 Centre STREET, Middle Lake — photo 13109 Centre STREET, Middle Lake — photo 14109 Centre STREET, Middle Lake — photo 15109 Centre STREET, Middle Lake — photo 16109 Centre STREET, Middle Lake — photo 17109 Centre STREET, Middle Lake — photo 18109 Centre STREET, Middle Lake — photo 19109 Centre STREET, Middle Lake — photo 20109 Centre STREET, Middle Lake — photo 21109 Centre STREET, Middle Lake — photo 22109 Centre STREET, Middle Lake — photo 23109 Centre STREET, Middle Lake — photo 24109 Centre STREET, Middle Lake — photo 25109 Centre STREET, Middle Lake — photo 26
1/26
Business For Sale · Hospitality

109 Centre STREET, Middle Lake

109 Centre STREET, Middle Lake, SK S0K2X0

$168,000 total

4,684 SF

Asset Class

Hospitality

Size

4,684 SF

Building class

A

Zoning

CHY — Highway Corridor

$ / SF

$36

Occupancy

86%

Year Built

1936

Lot Size

0.32 ac

About this property

Middle Lake Hotel – Business & Property For Sale Fantastic opportunity to own a fully operational hotel, bar, and restaurant with accommodations in Middle Lake, SK. The property includes 5 VLTs, Retail & Tavern liquor licenses (with off-sale), and a well-equipped commercial kitchen. The upper floor offers a one-bedroom suite plus five additional bedrooms and two bathrooms—ideal for owner’s residence, staff housing, or potential room rentals. Extensive upgrades completed in recent years: Major Upgrades ($70K+): new siding/soffit, hotel room renovations, reinforced basement walls, new furnace & water heater (2023), gutters, and more. Appliance Upgrades ($19K+): multiple commercial fridges, freezers, high-temp dishwasher, washer/dryer, Smart TV, and beverage cooler (2020–2025). Situated in a friendly community with a provincial park, Bethany Pioneer Village, and steady year-round traffic from vacationers and snowmobile trails, this is a turn-key business and real estate investment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$168K
Down payment30% · $50K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$776

Projected NOI

$8K

Annual cash flow

$-1K

Cash-on-cash

-2.61%

DSCR

0.86

Going-in cap

4.76%

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
Meridian Health Group2,247 SF2029-10
Meridian Health Group1,800 SF2029-10

Area demographics

Trade area within 3 miles of the property.

Population

137,868

Households

50,533

Median income

$82,500

Median age

45.6

Daytime population

132,678

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 109 Centre STREET, Middle 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.