Land & Building For Sale - Earl Grey, Sask206 Main Street -
Located in the center of Earl Grey's business district at the corner of Main Street & Assiniboia Avenue next to the credit union and the town office, this building enjoys great exposure to all local residents and any visitors in town on errands or other business.
The building was most recently used as a restaurant and the layout consists of a small checkout area that greets you coming in the front door. To your left a set of ladies & men's public washrooms. To your right an open dining room that seats approx 38 total (room to expand). The dining room is outfitted to accommodate multiple television screens and a sound system to provide entertainment for patrons. Along side the dining room there is a bar station. Behind that lies the commercial kitchen and a storage room that completes the space utilized in the operation of the restaurant. Outside there is a newly created patio space that provides 9 additional seats. In total the restaurant space takes up approximate 1,079 sq. feet which is just under half of the total building size. There is lots of room for growth for new owners to expand the business as there is an 1,199 approximate area on the main level of the building that is currently developed as an attached living quarters to the restaurant but could be easily re-developed into an expansion of the restaurant space, a 2nd business, or rental space for a tenant. Plus, in addition to the gross building area indicated on the listing there is a partial basement that would be suitable for storage purposes.
Economically, information on the RM of Longlaketon area can be viewed on the SaskBiz website (click here), but here are some key highlights from information on SaskBiz:
- 2014 Household Income is greater than $70,000 in 50% of total households
- 2014 Annual Food Expenditures (per income earner) - $6,105
- 2014 Total Population - 1,826 (46% between the ages of 18 and 54)
- 2014 Employment by industry - Agriculture, Health Care, Education (top 3)
Additionally the Yancoal potash company has interests in a large mining area approximate 21 km north of Earl Grey and is hoping to begin construction on a mine in 2017.
This building is currently seeking its next owner/operator. That new owner/operator is someone that recognizes that this opportunity can be capitalized into continued growth and return on investment.
If this sounds like something you would be interested in or you have any questions, give your Commercial REALTOR® a call today to book a viewing. If you don't already have a Commercial REALTOR® looking after your business, give me a call and I will get the qualification process started.
- ID: SK590045
- Year Built: 1956
- Storeys: 1
- Living Area: 2,278 Square Feet
- County: Rm of Longlaketon No. 219
- Property ID: 101053252
- Baths: 3 (Full: 1 3/4: 0 1/2: 2 Other: 0)
- Parking Type Description: Surface 9 cars
- Lot Area: 14,875.00 Square Feet
- Neighbourhood: Rm of Longlaketon
- Style: Retail
- Status: Active
- New Construction: No
- Estimated Annual Taxes: $1,307