$487,500
$534,900
8.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/09/2025
Key Details
Sold Price $487,500
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2159441
Sold Date 05/09/25
Year Built 1979
Annual Tax Amount $6,223
Tax Year 2024
Property Sub-Type Hotel/Motel
Source Lloydminster
Property Description
24 Suite Motel in the thriving community of Maidstone SK.. With 12 single rooms, 11 double rooms, a kitchenette, and 2 bedroom owners living quarters, this meticulously maintained investment property is ideal for an owner operator. The property has had significant upgrades including a number of the rooms being renovated, newer shingles, and recent replacement of the commercial water heater. The Town of Maidstone has also added a whole town R.O. system which has greatly improved sustainability of the plumbing systems.
Located in a full service community that includes hospital, K-12 schooling, shopping, restaurants, and other amenities. In the heart of oilfield and agriculture, the motel attracts both business travelers and tourists that highlight positive Google reviews from strong reputable and loyal clientele.
With added potential to expand sales, this motel offers profitability and future growth opportunities to the right investor. Don't miss out on this chance to own a thriving business in a growing region.
Location
Province SK
County Saskatchewan
Zoning Com/R
Others
Restrictions None Known
Ownership Private
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