465 3rd Avenue W, Melville

$890,000

0 Beds
0 Baths
5,927 Sqft
48 Acres

Embarking on the quest for a well known, and PROFITABLE business with straightforward and hassle-free operations? Look no further! Welcome to Melsask Motel nestled in Melville, SK, featuring 17 thoughtfully designed rooms, including 9 singles (3 with kitchenettes), 7 doubles (2 with kitchenettes), and 1 triple room with 3 beds and a full-sized kitchen. The meticulously arranged office space and upgraded owner-operator suite add significant value for potential buyers. Noteworthy is the motel's distinguished status, boasting the highest rating on Google and earning the best reviews in the city, a testament to its excellence. The Motel located across from a picturesque park, this Motel in Melville is easily accessible from Regina and Yorkton via Highways 10, 47, and 15. Beyond its immediate charm, the town itself offers an ideal environment for living and raising a family, featuring excellent education facilities, including Pre-K to Grade 12 public and Catholic schools, and diverse post-secondary programs. Melville is a thriving tourist hub, with proximity to Crooked Lake Provincial Park, Melville Beach, York Lake, and other scenic attractions. The town's diversified economy encompasses agriculture, CN Railway, potash mining, and tourism. It proudly hosts full medical facilities, a hospital, and a rich cultural scene, including numerous parks, libraries, and museums. The Motel has undergone recent updates, including the replacement of the hot water boiler in 2021, surveillance device installation in 2022, and comprehensive improvements throughout 2023. These enhancements cover areas such as parking lot repairs, exterior corridor maintenance, and refreshing selected room interiors with wall painting and carpet replacement. Additional highlights include the acquisition of new air conditioning units and a washing machine replacement. All measurements are approximate and can be verified by interested parties. Unlock the possibilities – schedule a viewing today!

Essential Information
MLS® #SK955698
Price$890,000
Bathrooms0.00
Square Footage5,927
Acres48.00
Year Built1947
TypeCommercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address465 3rd Avenue W
SubdivisionMelville
CityMelville
ProvinceSaskatchewan
Postal CodeS0A 2P0
Amenities

Communication Network, Onsite Parking

Heating

Air Conditioning, Floor Model Furnace

Exterior
ConstructionConcrete Block
Additional Information
Date ListedJanuary 8th, 2024
Days on Market109
HOA Fees0.00
Listing Details
OfficeeXp Realty
Property History
Price Increased from $850,000 to $890,000
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