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Listed price in listed location currency (CAD).
$7,900,000

0084

MLS® SK020219

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 19791 sqft
Garage No
Maintenance Fees 
Taxes $65,978
Days Active 27
Approx. Age 1973
Avg. Price Per Sqft $399
MLS® Number SK020219

Property Address: 516 & 522 Broadway St W, Yorkton, SK, S3N0P3

Average square foot calculated using Size range provided by listing agent.

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 leased 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.
MLS® NumberSK020219
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2025List Date
$7,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
516 & 522 Broadway St W, Yorkton, SK

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