Business For Sale · Hospitality

26 1st AVENUE, St. Walburg

26 1st AVENUE, St. Walburg, SK S0M0E2

$2.4M total

19,558 SF

Asset Class

Hospitality

Size

19,558 SF

Building class

C

Zoning

CHY — Highway Corridor

$ / SF

$123

Occupancy

92%

Year Built

1969

About this property

Exceptional opportunity to own a well-established, full-service hotel in the heart of St. Walburg, Saskatchewan. The St. Walburg Inn offers multiple revenue streams including hotel accommodations, a licensed bar, restaurant, and 13 VLT machines, making it an attractive investment for owner-operators and investors alike. Originally built in 1969, the property has been extensively expanded and updated with additions completed in 2001, 2005, 2007, and 2014. The property features approximately 19,558 sq. ft. of improvements, including the main building with bar, restaurant, and guest rooms, along with multiple motel-style accommodation buildings offering comfortable guest lodging. Also there is a tenant who pays $1000 per month in rent. Situated on multiple titled parcels with excellent visibility and easy access, this turnkey business serves local residents, business travelers, tourists, and seasonal visitors. The combination of hospitality, food and beverage service, accommodation, and VLT income provides diversified revenue potential. A rare chance to acquire a landmark hospitality property in a thriving rural Saskatchewan community. Financial information is available to qualified buyers upon execution of a Confidentiality Agreement (NDA). Contact REALTOR® today for more information or to arrange a private viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.40M
Down payment30% · $720K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$167K

Annual cash flow

$34K

Cash-on-cash

4.75%

DSCR

1.26

Going-in cap

6.97%

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
Blue Harbour Design6,634 SF2033-02
Blue Harbour Design4,173 SF2033-02
Blue Harbour Design2,676 SF2033-02
Blue Harbour Design4,530 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

136,410

Households

55,466

Median income

$137,500

Median age

39.3

Daytime population

175,652

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 26 1st AVENUE, St. Walburg.

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.