13
$1,250,000 Sale
Listed 22 hours ago
516 Broadway STREET W
· 0
· 0
· 80
· 9869
Key Facts
Key facts for 516 Broadway STREET W
Property Type
Commercial
Parking
80 parking
MLS #
SK020190
Size
9869 sqft
Basement
Unspecified
Listed on
-
Lot size
-
Tax
$46,452 /yr
Days on Market
-
Year Built
1973
Maintenance Fee
-
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 a...rea, 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!
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Listing courtesy of: RE/MAX Blue Chip Realty