118 1st AVENUE E - Photo 1 of 50, Leader, Saskatchewan
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$650,000

118 1st AVENUE E — Leader, Saskatchewan

S0N1H0

13,656Sq Ft
1912Built
1Lot Sq Ft

About This Property

An ideal opportunity for a family-run business with significant potential to increase revenue. This well-established property has served the community for over 50 years and offers multiple income streams, including 22 guest rooms, a manager’s suite, bakery space, tavern, seven VLTs, liquor license(s) for liquor off-sale, tavern & home delivery (purchasers would have to apply for licenses independently), and a fully equipped 80 -100 seat restaurant reopening on April 08,2026). The property presents a compelling value-add opportunity, with strong local demand for food service in the area as expressed by Community Leadership providing an excellent opportunity for growth. The main floor features a welcoming lobby with direct access to the restaurant and tavern located just off the main corridor. The bar includes a convenient dock-height loading area for deliveries and a dedicated beer cooler. An additional liquor storage room plus display shelving is also in place. The commercial kitchen and bakery is fully equipped with gas-fired grills, fire suppression systems, a walk-in freezer, walk-in refrigerator, and walk-in dedicated dry storage area, supporting efficient food service operations. Guest accommodations are located on the second and third floors and including 11 single-bed rooms and 11 double-bed rooms. Each room is equipped with a flat-screen TV, refrigerator, microwave, and coffee maker. A guest laundry facility is available on the third floor. The rooms have seen significant up grades including wall mounted AC/Heating units and windows. The metal roof and stucco exterior provide low maintenance exterior upkeep. The property is being offered as a turnkey operation, including all chattels such as computer systems, security monitoring equipment, and restaurant assets. All equipment is believed to be in good working order (exception-one refrigerator located behind the restaurant buffet area). The equipment is offered on a “where is/as is” basis without warranty. (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Building Area
13,656 square feet
Living Area
13,656 sqft
Year Built
1912
Status
Active

Location & Neighborhood

What's nearby 118 1st AVENUE E

Nearby Schools

Parks & Recreation

POI data updated 4/12/2026

Leader Market Snapshot

4

Active Listings

$399K

Median Price

0

Avg Days on Market

Last updated: Apr 8, 2026

Listed by

Royal LePage® Landmart

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$650,000
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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