219 Railway Avenue, Gainsborough, S0C 0Z0

Industrial/Commercial - Business Brokerage For Sale in Gainsborough

$199,000

Beds
Baths
7,412Sqft
.55Acres
1904Built
77DOM
MLS® #: SK797311
Active, 77 Days on Market

Welcome to the Riverside Hotel, Restaurant, and Bar, a longstanding business in the SE Saskatchewan town on Gainsborough! Gainsborough is a farming and oil community located on Highway 18 in the southeastern corner of Saskatchewan It is approx. 6 km from the Manitoba border, 23 km from the US border, and 115 km east of Estevan, SK. If you've been looking for a suitable owner-run restaurant and bar property, this may be the one! Boast licensed dining and offsale, the Riverside Hotel has a large bar and dining room, a separate front cafe, a full upper level of single and double rooms, as well as a great location with full highway frontage (on 7 lots with 200' highway frontage) - This property has a lot to offer!! Inside the front door, you have the option of entering a front cafe with its own kitchen, going upstairs to the suites (3 doubles, 6 singles) or entering the main dining/bar area. The main area boasts a separate VLT space (5 VLTs), a large dining area, pool table, his/her bathrooms, and juke box, as well as a separate dining area with second kitchen and grill area. There is plenty of storage in the back of the building, both inside (behind the main dining), as well as in a rear fenced compound with large shed. This business would be ideal for someone looking to run it themselves, greatly improving the bottom line and/or for someone looking to purchase through the SINP program. Further, there are real opportunities for an ambitious owner to improve the income stream from the restaurant and bar as well as expand into the 5 vacant lots situated right beside the existing building. For serious inquiries, contact the listing agent for more information and for showings.

Essential Information

MLS® #: SK797311
Price: $199,000
Bathrooms: 0.00
Square Footage: 7,412
Acres: 0.55
Year Built: 1904
Type: Industrial/Commercial
Sub-Type: Business Brokerage
Status: Active

Community Information

Address: 219 Railway Avenue
Subdivision: Gainsborough
City: Gainsborough
Province: Saskatchewan
Postal Code: S0C 0Z0

Amenities

Amenities: Communication Network, Fenced Compound, Interior Space, Onsite Parking, Store Front, Highway Frontage

Interior

Heating: Air Conditioning, Floor Model Furnace

Exterior

Construction: Wood & Frame

Additional Information

Days on Market: 77
HOA Fees: 0.00

Listing Details

Listing Office: Century 21 Hometown

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