Name: 516 & 522 Broadway STREET W, Yorkton | MLS® SK020219
SKU: sk020219
Price: 7900000.0 CAD
Availability: InStock

$7,900,000 Sale

Listed 1 day

516 & 522 Broadway STREET W

MLS® sk020219 Business

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 19791

Est. mortgage

$29,970/mo

Key Facts

Key facts for 516 & 522 Broadway STREET W

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

SK020219

Size

19791 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1973

Maintenance Fee

Description

Exceptional Mixed-Use Revenue Property – Prime Location in West Yorkton - An outstanding investment or owner-operator opportunity! This 2.09-acre commercial property offers three revenue-generating components—a well-established, highly profitable restaurant, two modern residential suites, and a leas...ed 4-bay heated warehouse. Located in a high-traffic area beside the Painted Hand Casino and across from the Gallagher Centre, the property is home to the iconic Melrose Place Family Restaurant (9,869 sq. ft.). In operation for 47 years, including 26 at this location, the restaurant features a licensed dining area, bar/lounge, VLT room, modern commercial kitchen, rooftop HVAC, and recent upgrades including a new roof and kitchen equipment (2024). Significant growth potential exists through catering, banquet rentals, expanded hours, or delivery services. Attached to the restaurant are two high-quality residential suites totaling over 5,800 sq. ft., each with open-concept layouts, kitchens with islands, in-suite laundry, gas fireplaces, elevator access, and 4-bay heated garage is also included. At the rear of the property, a separate 4,000 sq. ft. heated warehouse adds further rental income and flexibility. The site includes 80+ parking stalls and is fully equipped with high-capacity electrical service, making it ideal for year-round operation. Whether you're expanding a portfolio or looking for a turnkey business with additional income, this rare property delivers location, stability, and opportunity in one package. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

19791 sqft

Heating Source

Electric

Heating Type

Furnace, Radiant heat

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

19791 sqft

Heating Source

Electric

Heating Type

Furnace, Radiant heat

Full Bathrooms

Half Bathrooms

Exterior

Acreage

2.09 ac

Parking Spaces

Garage Spaces Y/N

Acreage

2.09 ac

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Commercial

Subtype

Business

Year Built

1973

Home Type

Commercial

Subtype

Business

Year Built

1973

Community

West YO

Area Code

Yorkton

Community

West YO

Area Code

Yorkton

Helen Cen

Email: [email protected] Cell: 289-237-8748