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Home SK Shaunavon
554 5th AVENUE W
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554 5th AVENUE W $1,590,000
$1,590,000
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554 5th AVENUE W
Shaunavon, Saskatchewan S0N2M0

MLS® Number: SK981365

Listing Description

Located in the heart of Shaunavon, Saskatchewan, the Bears Den Motel presents an exceptional investment opportunity. Shaunavon is a thriving community driven by the oil, gas, helium, and agriculture sectors, ensuring a steady stream of guests to your property. The Bears Den Motel boasts a total of 50 units, thoughtfully designed to cater to a diverse clientele. Among these, 38 are one-bedroom units and 12 are two bedroom units. Additionally, the property includes 10 well-appointed kitchenette units, providing guests with the convenience of home. The motel has been meticulously maintained, ensuring that your investment remains in pristine shape. This commitment to quality extends back to its construction in 2011 and the subsequent expansions in 2014 and 2015, which have increased its capacity and revenue potential. As an added bonus, the property features a comfortable two-bedroom living quarters with two bathrooms. The Bears Den Motel's strategic location positions it as the preferred choice for both business and leisure travelers. Its proximity to key amenities further enhances its appeal, making it an attractive option for a wide range of guests. With a proven track record as an income generator and the region's economic growth potential, The Bears Den Motel is a turnkey opportunity. The property's impeccable condition requires no immediate investment, allowing you to start realizing returns promptly. Comprehensive financial records are available following the execution of a nondisclosure agreement. Don't miss out on the chance to own a piece of Shaunavon's success story. Contact me today to schedule a viewing. (28299789)

Property Summary

Property Type
Hospitality
Title
Freehold
Land Size
2.29 ac
Built in
2011
Annual Property Taxes
$16,409
Time on REALTOR.ca
124 days

Building

Building Features
Present Use
Hospitality / Resort
Heating & Cooling
Heating Type
(Electric), Furnace, Other

Measurements

Square Footage
13800 sqft
Exterior Building Size
13800 sqft
Data provided by: Saskatchewan REALTORS® Association 1705 McKercher Drive, Saskatoon, Saskatchewan S7H 5N6
Nick Tsougrianis