
































1/34501 Beach AVENUE, Turtle Lake, SK S0M1J0
$698,900 total
6,458 SF
Asset Class
Hospitality
Size
6,458 SF
Building class
B
Zoning
CHY — Highway Corridor
$ / SF
$108
Occupancy
85%
Year Built
1973
Lot Size
1.06 ac
Discover your own slice of paradise at the South Bay Inn. 176 FEET OF SHORELINE FRONTAGE and 1.06 acres of beauty await your ownership. This enchanting property, nestled along the serene shores of South Bay, Turtle Lake, SK, isn't just an inn—it's a captivating retreat. The inn features six newly renovated rental rooms, each thoughtfully designed with modern amenities, including a 4-piece bath, satellite television, a fridge, and a coffee maker. Convenience abounds with on-site laundry facilities and an ice machine, plus a hotel manager's suite for your comfort. The South Bay Inn goes beyond mere accommodation; it offers a thriving tavern and restaurant with a combined capacity of 140 guests, complete with five VLTs for added entertainment and a lakefront licensed patio with breathtaking views. For boating enthusiasts, there's private dock parking for boats, ensuring your guests can fully savour the splendours of Turtle Lake. Notably, the property extends right to the shoreline without public reserve restrictions, opening up possibilities for future expansion. With commercial zoning, this is more than a property; it's an opportunity waiting to be seized. Whether you dream of running your lakeside haven, expanding existing offerings, or crafting a new vision entirely, the South Bay Inn is your canvas. Don't miss this once-in-a-lifetime chance to own your very own miniature resort. Get in touch now to embark on a South Bay Inn adventure like no other. Paradise beckons, right here in Turtle Lake, Saskatchewan. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$37K
Annual cash flow
$-2K
Cash-on-cash
-1.06%
DSCR
0.94
Going-in cap
5.22%
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 |
|---|---|---|
| Cascade Foods Inc. | 3,494 SF | 2027-05 |
| Cascade Foods Inc. | 1,254 SF | 2027-05 |
| Cascade Foods Inc. | 709 SF | 2028-05 |
Trade area within 3 miles of the property.
Population
49,949
Households
23,171
Median income
$124,000
Median age
36.6
Daytime population
51,530
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 501 Beach AVENUE, Turtle Lake.
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.