57 Central Avenue N, Swift Current

$450,000

0 Beds
0 Baths
9,440 Sqft
.13 Acres
0 Garages

Here is your chance to not only own a landmark Swift Current business, but also have a ton of fun doing it. Starting out as the illustrious Alexandra Hotel in 1907, the York Hotel has its own interesting stories. Additions, including a third storey somewhere along the way, changes such as being a bar instead of a fancy restaurant and tons of tales along the way have made this one of the longest-running businesses in the city. With a seating capacity of 153, this flavorful bar also boasts an additional revenue stream with rental suites on the top 2 floors. There is the potential for 30 suites, and currently 16 have been or are currently being renovated including one suite, 8 rooms with private bathrooms (that rent for $600/month) and 7 rooms that share common bathrooms (and rent for $500 per month). In addition to that, there is a 2-bedroom living quarters complete with laundry facilities. This business comes with many pieces of equipment, including coolers, tills, glassware, some cookware, tables and chairs. It has had 10 VLTs in the past, which could be another great income source. It has hardwired smoke detectors, central vac, a 2010 boiler, central air for the bar and the upstairs halls and 2 water heaters. This is a great business opportunity to keep the heart of downtown Swift Current alive and bustling for another 100 years.

Essential Information
MLS® #SK785261
Price$450,000
Bathrooms0.00
Square Footage9,440
Acres0.13
Year Built1906
TypeIndustrial/Commercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address57 Central Avenue N
SubdivisionNorth East
CitySwift Current
ProvinceSaskatchewan
Postal CodeS9H 0K8
Amenities

Interior Space, Store Front, Alarm System Owned, Sump

Heating

Air Conditioning, Electric, Hot Water

Exterior
ConstructionMasonry
Additional Information
Days on Market17
HOA Fees0.00
Listing Details
OfficeCentury 21 Accord Realty
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