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    550 Commercial Drive - Lanigan Motel
    Updated - Lot 1501

    Item condition:
    Time Left:

    Ended

     

    (Ended 7/20/19 12:45 pm CST)

    Last Bid:

    Bidding is closed

    Bid Details

    Location: 550 Commercial Drive Lanigan SK

    PST: Normal

    Serial #: Parcel: C Plan: 85H06176

    Quantity: 1

    Bid Increment: 5,000.00

    Overview

    VIEWING: By Appointment Only, Please Contact Cory Hall: (306) 541-4409

    Terms and Conditions:

    Auction will close on Thursday June 13, 2019.

    Legal Transfer Fees will be split evenly by the owner and purchaser at a law firm of owner's choice.
    Upon agreement to Sell the Purchaser will be required to pay a deposit to McDougall Auctioneers of 10% plus the Buyer's Premium and applicable taxes within 24 business hours.
    Remainder of funds and title transfer to occur within 21 Days of Sale Agreement. McDougall Auctioneers will supply ''Terms of Sale Agreement''



    Detailed Description

    Features and Specifications

    Details: Take a Look and Bid Away:

    Located in the Town of Lanigan, an hour South East of Saskatoon, sits this 33 Room Double Storey Hotel. Built in 2012 this hotel is currently not in operation.

    This hotel was constructed with wood framing sitting on concrete footings. Combination of Hardie Board and Vinyl siding, with a stone finished accent wall. Ashphalt Roof.

    Zoning is deemed C2 Commercial

    Approximately 10,000 Sq. Ft. over 2 levels, and sitting on a Lot approximately 1 Acre in Size.

    The hotel also contains an office with manager's suite. All 33 rooms are furnished and is either a double (15) or single bed room (18) with primarily a 4 piece bathroom for each room. (Some Rooms only contain shower units with no bathtub. All rooms come with a A/C UNit built in along with assorted furniture, including side tables, dressers, book cases, microwaves, bar fridges, tv, etc.

    Only Partial Pictures have been posted - Please reach out to Cory for all 324 Pictures for this unit.

    Taxes for 2019: $8,884.45,

    Please see below for link to an Appraisal on the property from 2012, as well as a Phase 1 Environmental Assessment

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