Strategically located on HWY 45 en route to Sandy Shores, Coteau Beach, and Hitchcock Bay, this bar and restaurant with a 54-seat capacity is primed for success. It holds the nearest off-sale license to Lake Diefenbaker’s popular developments, complete with a retail store permit, allowing it to operate as a FULL LIQUOR BOARD STORE. VLTs could add another revenue stream. Positioned on three 30'x130' lots, the property offers potential for additional income through recreational, boat, and RV storage. Built in 1910, the original 1920 sq ft tavern features a well-equipped kitchen with a new fire suppression system and multiple sinks. Private quarters are outfitted with laundry facilities, a large bedroom with a 4-piece ensuite, and a private deck. The full basement provides ample storage and utility space. Upstairs, six bedrooms and a functional bathroom await, with five bedrooms ready for immediate occupancy but needing bathroom renovations. This setup is ideal for developing a profitable lodging component, accommodating bar guests, seasonal hunters, or workers—or as your PERSONAL RESIDENCE AND ON-SITE BUSINESS. A 1974 addition expanded the tavern by 1056 sq ft, including a 7.5 ft x 10 ft walk-in cooler, two public washrooms, a licensed drinking area, and an exterior licensed patio. Recent updates include a high-efficiency furnace, power vent water heater, updated plumbing and electrical systems, new metal siding, added insulation, and updated roofing, enhancing comfort and reducing heating costs. Family-friendly and with updated doors and windows, this property is a PRIME INVESTMENT OPPORTUNITY for those looking to capitalize on a well-established venue with growth potential in a sought-after location. Call today! (id:47423)
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Detailed Information
Lot
130 x 0 ft
Listing Contract Date
2024-08-21
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Business
Business Type
Other
Building
Constructed Date
1910
Heating Type
Furnace
Size (Exterior)
2976 square feet
Land
Total Size
0.39 acres
Size of Irregular Land
0.39
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