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Main Photo: 110 1st Avenue in Macrorie: Commercial for sale : MLS®# SK981412
Photo 1: 110 1st Avenue in Macrorie: Commercial for sale : MLS®# SK981412
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Photo 46: 110 1st Avenue in Macrorie: Commercial for sale : MLS®# SK981412
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK981412
Bus Major:
Tavern/Hotel
Strategically located on HWY 45 en route to Sandy Shores, Coteau Beach, and Hitchcock Bay, this bar and restaurant with a 54-seat capacity is primed for success. It holds the nearest off-sale license to Lake Diefenbaker’s popular developments, complete with a retail store permit, allowing it to operate as a FULL LIQUOR BOARD STORE. VLTs could add another revenue stream. Positioned on three 30'x130' lots, the property offers potential for additional income through recreational, boat, and RV storage. Built in 1910, the original 1920 sq ft tavern features a well-equipped kitchen with a new fire suppression system and multiple sinks. Private quarters are outfitted with laundry facilities, a large bedroom with a 4-piece ensuite, and a private deck. The full basement provides ample storage and utility space. Upstairs, six bedrooms and a functional bathroom await, with five bedrooms ready for immediate occupancy but needing bathroom renovations. This setup is ideal for developing a profitable lodging component, accommodating bar guests, seasonal hunters, or workers—or as your PERSONAL RESIDENCE AND ON-SITE BUSINESS. A 1974 addition expanded the tavern by 1056 sq ft, including a 7.5 ft x 10 ft walk-in cooler, two public washrooms, a licensed drinking area, and an exterior licensed patio. Recent updates include a high-efficiency furnace, power vent water heater, updated plumbing and electrical systems, new metal siding, added insulation, and updated roofing, enhancing comfort and reducing heating costs. Family-friendly and with updated doors and windows, this property is a PRIME INVESTMENT OPPORTUNITY for those looking to capitalize on a well-established venue with growth potential in a sought-after location. Call today!
Listing Area:
Macrorie
Property Type:
Commercial
Property Sub Type:
Mixed Use
Year built:
1910 (Age: 114)
Total Floor Area:
2,976 sq. ft.
Taxes:
$1,610 / 2024
Frontage:
130'
Ownership Title:
Freehold
Business Type:
Tavern/Hotel
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Inventory, Parking, Supplies
Smoke Detector:
Yes
Total Building Size:
2,976 sq. ft.
Heating:
Floor Model Furnace
Sewer:
Attached to Municipal
Construction:
Wood Frame
Alarm System Owned, Interior Space, Onsite Parking, Sump
Has Natural Gas: Yes, Parking Facility: Yes
Power Type:
Single Phase
Lot Size:
16,988.4 sq. ft.
Parking Places:
10.0
Site Access:
Gravel Road
Date Listed:
Aug 21, 2024
Days on Mkt:
48
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Data was last updated October 8, 2024 at 09:35 PM (UTC)
Benita McNeill
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