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Renanza Realty
For sale

421 Main STREET S

Foam Lake, Saskatchewan

MLS® SK026661

$175,000

Status
Active
Property type
Business
MLS® number
SK026661
Bedrooms
Bathrooms
Year built
1985

Listing description

This property offers a nice sized cafe with liquor license, main street access, seating for 20-30, prep kitchen, storage, 1/2 bath, and a coffee nook area with sandwich prep area, quartz bar top, and till area. The sale would be an asset sale but the location shows it can make a profit with good numbers for the one year the business has been in operation. Profits could be increased with previous owner only operating as a cafe without liquor sales for most of the year, only for daytime hours, and recently shown good revenues hosting private functions.

The building has plenty of upgrades including flooring, shingles, furnace, AC and all the equipment. equipment and inventory alone is about $70,000. The lot has plenty of space if the new owner wanted to take advantage of a back patio as some patrons enjoyed a patio experience on the front sidewalk.

The place is a unique opportunity to run a cafe on a smaller scale avoiding too much need for hired staff which can be hard to find/train.

Property summary

MLS® number
SK026661
Property type
Business
Square footage
880 sq ft
Title
Freehold
Land size
0.07 acres
Built in
1985
Annual property taxes
$1,377.00
Days on market
228 days

Features & details

Heating
Furnace

What would this home cost you?

Based on the $175,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$814 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Blue Chip Realty, Yorkton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.