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Listed by Robby Bear • RE/MAX Blue Chip Realty
$ 1,250,000
Est. payment /mo
New
516 Broadway STREET W Yorkton, SK S3N 0P3
9,869 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Brokerage
Listing Status Active
Purchase Type For Sale
Square Footage 9,869 sqft
Price per Sqft $126
Subdivision West Yo
MLS Listing ID SK020190
Year Built 1973
Property Sub-Type Business Brokerage
Source Saskatchewan
Property Description
Melrose Place Family Restaurant is a well-established and highly reputable Yorkton landmark, ideally located beside the Painted Hand Casino and across from the Gallagher Centre in a high-traffic area. Spanning 9,869 sq. ft., this newly renovated, turnkey operation includes a licensed family dining area, banquet rooms for private events, a separate bar/lounge, VLT room, cozy fireplace seating, and an outdoor patio. With 47 years of success—including 26 at its current location—the restaurant boasts strong annual sales, a loyal customer base, consistent profitability, and excellent growth potential through catering, third-party delivery, extended hours, or breakfast service. Recent updates include roof renovations (2024) and commercial kitchen improvements (coolers, freezer, warmers). This is a rare opportunity for an owner-operator or investor to acquire a thriving business with proven performance, exceptional visibility, and room for continued growth in one of Yorkton's most prominent locations!
Location
Province SK
Community West Yo
Interior
Heating Air Conditioning, Roof Top H/Vac
Exterior
Garage Spaces 80.0
Fence None
Amenities Available Alarm System Owned, Floor Drains, Highway Frontage, Interior Space, Onsite Parking, Store Front
Topography Flat
Total Parking Spaces 80
Building
Sewer Attached to Municipal
Structure Type Mixed
Others
Ownership Leasehold
