Don't miss out on this great opportunity to own a thriving hotel and bar in the vibrant town of Nokomis, boasting over a decade of stable ownership. This turnkey business includes 5 VLTs, jukebox, ATM & off-sale liquor permit, generating around $400k in annual sales. The property features a spacious 88-seat bar area / beverage room, a 20-seat restaurant, and 10 rental rooms—5 with full baths, 4 with half baths—ideal for hunters and tourists alike; plus 2 bedroom manager suite / living quarter on the main floor; fully equipped kitchen with updated appliances and a walk-in cooler. Recent upgrades include newer roofing, newer boiler, newer fridge etc. With proximity to the proposed BHP mine, the property offers significant growth potential for accommodating construction crews. Financial statements are available upon request, making this an excellent investment. Building and land is included. Good for SINP.
Listing Area:
Nokomis
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Year built:
1908
(Age: 116)
Total Floor Area:
3,300 sq. ft.307 m2
Taxes:
$6,202 /
2024
Property Offered:
Buildings And Land
Ownership Title:
Freehold
Business Type:
Hotel and Bar
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Trade Name
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