225 Creighton Avenue
Creighton Creighton S0P 0A0

$1,990,000
Commercial

View of building exterior with cooling unit
Photo 1: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 2: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 3: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 4: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 5: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 6: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 7: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 8: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 9: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 10: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 11: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 12: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 13: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 14: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 15: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 16: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Photo 17: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK988941
This well-maintained two-story motel features 36 rooms and an on-site lounge with four VLTs. Sales are $858,000 in 2024 and $758,000 in 2023, and Occupation Rate is 62.8% in 2024 and 55.4% in 2023. Operating as an almost absentee-owner business, it offers significant potential for increased sales, particularly due to its proximity to a mining and smelting company. Recent renovations include a newly replaced roof, beds, room heaters, carpets, and bathrooms, contributing to a competitive edge and a steady increase in sales. The property also includes a manager’s suite with three bedrooms and a full bath. The restaurant space is currently leased, and it boast an impressive CAP rate of 20.60%
Listing Area:
Creighton
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Year built:
1988 (Age: 36)
Total Floor Area:
21,326 sq. ft.
Taxes:
$19,917 / 2024
Ownership Title:
Freehold
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Trade Name
Heating:
Air Conditioning, Hot Water
Construction:
Wood Frame
Lot Size:
1.19 acre(s)
  • Photo 1: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    View of building exterior with cooling unit
  • Photo 2: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Dining room with a paneled ceiling
  • Photo 3: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Hall featuring dark colored carpet and a drop ceiling
  • Photo 4: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Photo 4 of 17
  • Photo 5: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    View of carpeted home office
  • Photo 6: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Bedroom featuring a textured ceiling and dark carpet
  • Photo 7: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Bedroom featuring a wall unit AC and carpet floors
  • Photo 8: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Laundry room featuring independent washer and dryer
  • Photo 9: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    View of carpeted dining room
  • Photo 10: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Dining area featuring indoor bar
  • Photo 11: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Recreation room featuring carpet
  • Photo 12: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    View of kitchen
  • Photo 13: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Kitchen featuring light tile patterned flooring
  • Photo 14: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Kitchen with appliances with stainless steel finishes and ventilation hood
  • Photo 15: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Map
  • Photo 16: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Map
  • Photo 17: 225 Creighton Avenue in Creighton: Commercial for sale : MLS®# SK988941
    Map location
Listed by Boyes Group Realty Inc.
Data was last updated December 10, 2024 at 01:35 PM (UTC)
ELLEN NASSER
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