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2545 Broad STREET
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Regina · Business · under $250,000. Alerts only send when there are new or meaningfully updated matching homes.
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The Lobby Kitchen & Bar and Shy Guys Burgers ghost kitchen is a fully operational, turnkey hospitality business located in Regina, Saskatchewan, offering a rare opportunity to acquire an established venue with 11 years of continuous operation, strong market presence, a fully equipped commercial setup, and a proven revenue history. This offering includes both The Lobby Kitchen & Bar and Shy Guys Burgers ghost kitchen operating under one roof, each with distinct branding and diversified revenue streams from dine-in service, bar operations, private events, and delivery, all supported by established systems and a loyal customer base. The business features an immediately transferable liquor license (subject to regulatory approval), enabling a seamless transition for new ownership without typical startup delays, and can be structured as either a share sale or asset purchase to suit buyer preferences. Ideally situated in a rapidly developing area with multiple new condominium projects underway nearby, the location is positioned to benefit from increasing foot traffic and long-term residential growth. With the upcoming FIFA World Cup presenting a significant opportunity to drive elevated sales through sports programming, and additional upside through expanded marketing, events, and delivery growth, this is a compelling hospitality investment opportunity in one of Regina’s evolving commercial corridors. (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).
Cash on cash
22.85%
Cap rate
9.43%
GRM
8.0
Break-even rent
$1,479
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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 3, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.