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200 Washington AVENUE
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Hanley · Hospitality · under $275,000. Alerts only send when there are new or meaningfully updated matching homes.
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Just 45 minutes from Saskatoon, this exceptional 6000 sq ft, two-storey commercial property in the Town of Hanley offers a rare opportunity to acquire the building, land and a fully operational restaurant-bar business with diverse revenue streams and strong community roots. The main floor features the only Canadian-style restaurant bar in Hanley, equipped with a restaurant liquor permit (minors allowed 11 a.m.–10 p.m.), off-sale liquor permit, tobacco permit, 6 VLTs, 1 ATM, pool table, kickboxing machine, and jukebox, with seating capacity for 100 guests plus an inviting covered outdoor patio. A spacious 18' × 12' walk-in cooler, fully outfitted commercial kitchen, and a 20' × 24' single attached rear garage add to operational efficiency for the owner or manager. The second floor provides extensive accommodation, including one guest suite with kitchen and private bath, five guest rooms with individual sinks, two shared bathrooms with shower stalls, and a storage room. The opposite side of the upper level features an owner’s suite, an office, and a versatile flex room suitable as an additional office, guest room, or manager’s room. The building is heated by a natural-gas floor-model furnace with forced air and cooled by wall A/C units in select areas. Hanley draws steady traffic with amenities such as a hockey rink, golf course, nearby horse racing, and a regional high school, while the business benefits from loyal patrons, including local residents, sports fans, and families from provincial football and youth hockey leagues. The current owner actively supports local sports and is willing to stay for training, making this a smooth transition for the next operator of this thriving multifaceted establishment. (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 Apr 3, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.