WELCOME TO THE EMPIRE HOTEL. THE LAST OF THE CLASSIC HOTEL BUILT IN REGINA. BUILT IN 1912 AND STILL OPERATING. BEING OFFER FOR SALE IS THE LAND AND BUILDING ALONG WITH THE OFF-SALE LIQUOR STORE PERMIT. SITE SIZE IS 0.75 ACRES. 45 PARKING STALLS RENTED OUT ON A MONTHLY BASIS TO TENANTS AS WELL AS HOURLY RENTALS. THE HOTEL HAS 37 ROOMS, A BAR, AND COFFEE AREA. 3 VLT MACHINES. OWNER IS RETIRING. THE BAR SEATING CAPACITY IS 239 PEOPLE. THIS IS PROPERTY IS LOCATED ON THE BEST CORNER SITE OF ALBERT ST. AND SASKATCHEWAN DR. PLEASE NOTE THERE IS ALSO RENTAL INCOME FROM A FREE-STANDING BUILDING LOCATED ON 11TH AVE. THE BUILDING HAS 2 RENTAL BAYS IT IS 3200 SQ/FT. GREAT REDEVELOPMENT SITE AS YOU CAN BUILD OUT TO 13 FLOORS. OVERLOOKING TAYLOR FIELD. PLS NOTE WILL ALSO SELL THE SHARES OF THE COMPANY. (id:47423)
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Detailed Information
Lot
168 x 0 ft
Total Area
12,156 ft2
Listing Contract Date
2023-09-25
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Building
Amenities
Storefront
Constructed Date
1912
Heating Type
Hot Water
Size (Exterior)
12156 square feet
Land
Total Size
0.75 acres
Size of Irregular Land
0.75
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