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127 Main STREET N
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Wadena · Business · under $275,000. Alerts only send when there are new or meaningfully updated matching homes.
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Profitable Turnkey Restaurant Opportunity – Wadena Café | Well-Established Business with Property for sale! An exceptional opportunity awaits with this well-established and profitable restaurant in the welcoming prairie town of Wadena, Saskatchewan. Operated by the same owner for over 10 years, Wadena Café has become a trusted local favorite, offering a full range of Chinese and Canadian cuisine. With over 60 seats and a loyal customer base, the café serves breakfast, lunch, and dinner, including two popular buffet days each week. The flexible business model allows the owner to set their own hours—perfect for those seeking both freedom and financial return. This is a true turnkey operation. Recent upgrades include a commercial kitchen ventilation system, a commercial fridge, and a new roof installed in 2024. The property also includes living space, allowing owners to live onsite, reduce costs, and manage operations with ease. Wadena itself is a peaceful and tight-knit community, known for its friendly people, scenic surroundings, and quality of life. Located within comfortable driving distance from Saskatoon, the town is well-equipped with schools, healthcare facilities, banks, and recreational amenities. The café caters to local residents, nearby farmers, travelers, and visitors from surrounding rural areas—providing steady, year-round business with room to grow. This is more than just a business—it's a lifestyle opportunity. If you're looking to relocate, support your family, and own a business that is both meaningful and profitable, Wadena Café is a rare find. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 23, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.