709594 | Canada/ Saskatoon Bargain Hotel, Motel / affordabl

Canada/ Saskatoon Bargain Hotel, Motel / affordable housing redevelopment opportunity , The existing Office/Amenity (Pool) Building contains a lobby, restaurant, main office facilities, and an indoor swimming pool/waterslide complex.

Located in the Central Industrial area Suites motel complex offers an opportunity to operate as-is or redevelop into affordable condominiums or apartments.

Property Overview

Hotel and Suites motel complex is comprised of five buildings: four accommodation blocks and an Office/Amenity (Pool) Building on 3.76 acres. The existing Office/Amenity (Pool) Building contains a lobby, restaurant, main office facilities, and an indoor swimming pool/waterslide complex.

Construction is predominantly cast-in-place concrete with exterior walkway access to units on the second level. Composed of 155 motel rooms and 28 suites, a total of 183 units have an average floor area of approximately 301 SF and 602 SF, respectively.

The complex offers an opportunity to operate as-is or to redevelop into a condominium/apartment complex subject to success of the rezoning application from B4-Arterial and Suburban Commercial District to a B4MX-Integrated Commercial Mixed-Use District. Central Industrial is a light industrial area that comprises educational, recreational facilities, hotels and businesses along  Drive.

The community meets up with the Central Business District CBD to the south, and residential areas to the west, east, and north

• 150+ motel rooms, averaging 301 SF

• 28 suites, averaging 602 SF

• Ample off-street parking

• Mixed construction: cast-in-place concrete, concrete block, wood frame

• 376 ft of frontage • 24% site coverage

Direct buyers or representatives only.

Due to utmost privacy, DD and detailed information would be provided only to qualified buyers who sign NDA and can POF to make sure we keep our properties exclusive to potential buyers.

We can provide only limited information.

Required To Make An Offer & For Financials:
1. Signed NDA
2. Letter Of Intent
3. POF