Aerial exterior of The Homestead Inn in Wilkie, Saskatchewan
Commercial listingWilkie, SaskatchewanGoing concernUpdated May 25, 2026

Wilkie, SK hotel, lounge, restaurant, and VLT site for sale

210 Main Street, Wilkie, SK S0K 4W0

The Homestead Inn

A turnkey small-town hospitality asset: licensed lounge, restaurant, VLT site, six rented rooms, owner suite, and seven commercial parcels on Wilkie's main street, offered at $474,000.

Listed by Hasan Sharif and Omar Sharif, eXp Realty

Price

$474,000

Business

Hotel + lounge + restaurant

VLTs

6 approved machines

Real estate

7 commercial parcels

Licensed lounge

61-seat beverage room with full liquor service, on-site ATM, pool tables, dart area, and permitted expansion upside subject to SLGA approval.

Restaurant

44-seat dining room connected to a full commercial kitchen with walk-in cooler, stainless prep line, bakery shelving, and POS setup.

VLT commission

Six approved SaskGaming VLTs on site, with VLT site approval and transfer handled as a buyer condition.

Rooms + owner suite

Six upstairs guest rooms are rented month-to-month, plus a three-bedroom residential suite for an owner-operator above the business.

Marketing flyer for the hotel, lounge, and restaurant opportunity at 210 Main Street in Wilkie

Buyer snapshot

Hotel, lounge, and restaurant opportunity in one main-street package.

The listing flyer makes the hook plain: this is not just a building. It is established hospitality infrastructure with lodging, VLTs, dining, beverage service, parking, and visibility already in place for buyers comparing Saskatchewan hotels and small-town commercial properties for sale.

Lodging accommodations
VLT component
Dining / restaurant space
Lounge & bar area
Large parking area
Main street visibility

Ideal for

Owner-operators, hospitality groups, entrepreneurial families, and investors who want a multi-component business with room to improve operations.

Why buyers look twice

One operator can live upstairs and run four income components below.

The Homestead Inn is offered as a complete going concern with the real property, operating equipment, trade name, goodwill, supplier relationships, and a post-close training period.

The business is operating, showings are by appointment only, and financial records are handled through a qualified-buyer NDA path. That keeps casual traffic out and serious buyers moving.

Asking price
$474,000
Property
Mixed-use hotel, bar, restaurant, and owner suite
Parcels
Seven contiguous commercial parcels
Building area
8,500 sq ft above grade + 2,280 sq ft basement
Built
1910 with later additions
Zoning
Commercial
Power
400 Amp, 240V, single phase
Taxes
$6,000 2025 property tax
Included equipment
$119,650 owner-valued FF&E and equipment

Real photos

Walk the revenue streams visually.

Photos are staged in the same order a buyer should understand the business: exterior, bar, dining, VLTs, games, kitchen, owner suite, rooms.

Aerial view of the Homestead Inn commercial parcels in Wilkie
Main street footprint
Homestead Inn bar sign and back bar
Licensed lounge
Dining room with skylit seating area
44-seat dining room
SaskGaming VLT machines in the lounge
6 VLT site
Pool tables in the beverage room
Games and lounge
Commercial kitchen line
Commercial kitchen
Owner suite living area above the business
Owner suite
Upstairs motel corridor
Guest rooms

Due diligence

Built for a serious commercial buyer, not a casual click.

This is an operating hospitality property. The right buyer needs commercial financing, licensing comfort, and time to review the data room. The page points them into that path immediately.

If you are searching for a Saskatchewan hotel for sale, a Wilkie commercial property, or a lounge and restaurant business with VLT upside, start with the buyer package and NDA so you can review the asset, equipment, and operating records in context.

Confidential financials released to qualified buyers under signed NDA.

Sale structured as a going concern with real estate, business assets, trade name, goodwill, and owner training period.

Expected conditions include financing, Phase I ESA, SLGA permit transfer, SaskGaming VLT site approval, and buyer GST review.

Transaction may qualify for GST Section 167 going-concern election. Buyer to confirm with tax and legal advisors.

Package contents

Built to help buyers decide quickly if the Wilkie hotel is worth underwriting.

The goal is to remove friction without exposing confidential business records publicly. Serious buyers can start with the public facts on this page, then use the NDA path to review the private documents needed for a commercial offer.

Asset and parcel overview

Confirm how the seven commercial parcels, main building, parking, lounge, restaurant, rooms, and owner suite fit together before spending time on a showing.

Equipment and chattels

Review the owner-valued equipment list, kitchen setup, bar fixtures, POS-related items, lodging furniture, and the operating assets expected to stay with the sale.

Licensing and conditions

Understand the likely buyer-condition path for financing, SLGA permit transfer, VLT site approval, environmental review, legal review, and GST treatment.

Listed by Hasan Sharif + Omar Sharif, eXp Realty

Ready to review the Wilkie package?

Qualified buyers can request the overview, NDA, and post-NDA data room. Private showings are coordinated around the operating business and on-site tenants.

We use cookies for basic analytics + follow-up. Privacy