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83 MAIN STREET
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Lashburn · Hospitality · under $775,000. Alerts only send when there are new or meaningfully updated matching homes.
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Turnkey Business Opportunity – Motel, Bar, Cannabis & Restaurant with Additional Revenue Streams! An incredible chance to own a well-established hospitality business in the heart of Lashburn! Located just 20 minutes east of Lloydminster on the Yellowhead Highway, this property offers multiple income streams, making it a fantastic investment for an ambitious owner-operator. Property Highlights: Motel: Six modernized rooms, each featuring a four-piece bath, TV, fridge, table, and microwave. [Included Living Quarters] Bar & Lounge: Known for its welcoming atmosphere, the bar is licensed for 100 guests and features 8 VLTs, an ATM, a pool table, and large-screen TVs. Restaurant: The seller has successfully operated a Chinese restaurant on-site, which has gained an excellent reputation among bar patrons and the local community. Cannabis Retail Business: A newly established cannabis business adds another strong revenue stream with good cash flow. Renovations & Upgrades: The current owner has made extensive improvements since acquiring the property in 2021, including structural upgrades, new high-efficiency furnaces, and enhanced kitchen facilities. Living Quarters: Fully equipped with a kitchen, living room, two bedrooms, and a separate laundry area. This property sits on six lots, providing ample parking and space for potential future expansion. With multiple revenue streams, a loyal customer base, and a prime location in a thriving community, this is a true turnkey business opportunity ready for its next owner! Contact us today for more details or to arrange a private viewing! As per the Seller’s direction, all offers will be presented on 03/13/2026 6:00PM. (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 1, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.