See all 14 photos
$199,000
Est. payment /mo
7,000 SqFt
Price Dropped by $25K
50A Caribou STREET W Moose Jaw, SK S6H2J6
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Key Details
Property Type Commercial
Sub Type Leasehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $28
Subdivision Central Mj
MLS® Listing ID SK990256
Originating Board Saskatchewan REALTORS® Association
Year Built 1970
Property Description
Centrally located in downtown Moose Jaw, this fully licensed restaurant offers a rich culinary experience, currently focusing on East Indian cuisine. The space is equipped with a comprehensive range of restaurant equipment, including a griddle, deep fryers, 10 burners stove with oven, wok stove, preparation tables, buffet stations, walk-in freezer, walk-in cooler and refrigerator, making it ready for immediate operation and adaptable for various food service concepts. Spanning 7,000 square feet, the restaurant seats 150 guests with certification and can accommodate up to 200 patrons. Its design is ideal for conversion to other dining styles, such as Mediterranean, Greek, Italian, or Canadian bar-inspired fare, offering flexibility to meet a buyer's vision. The property also features a pool table, and available space for three VLTs with a Lotteries and Gaming Saskatchewan's approval, making it a popular spot for both dining and entertainment. Moose Jaw, Saskatchewan, is a thriving tourism hub, attracting visitors with landmarks like the Tunnels of Moose Jaw, Mineral Spa, Wakamow Valley, and vibrant murals that tell the city's rich history. This ensures a steady flow of foot traffic, ideal for restaurant success. The landlord is open to collaborating with the new owner to adjust lease terms. Operational costs include $2,200 in monthly rent plus taxes, maintenance, and insurance (TMI). Full Financial details, including revenue and expenses, will be shared with serious buyers upon acceptance of an offer, providing transparency for informed decision-making. This is an outstanding opportunity to acquire a fully operational restaurant in a prime location, with significant customization potential. This establishment is also suitable for immigration purposes. (id:24570)
Location
Province SK
Interior
Heating Furnace, Hot Water
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Leasehold