LITA’S STATION RESTAURANT
904 SASKATCHEWAN AVE, PORTAGE LA PRAIRIE

Proudly represented by Tyler Robb
(204) 902-0171

List Price | $549,900
BUILDING WITH ALL RESTAURANT CONTENTS

2,912 SF
150 SEAT CAPACITY
FULL SERVICE KITCHEN
PRIME LOCATION ON MAIN DRAG

  • DETAILS

    NEIGHBOURHOOD: Portage La Prairie
    YEAR BUILT:
    1975
    ANNUAL TAXES: $7,634.32 (2022)
    CAPACITY: 147 person (liquor license rated)
    BATHROOMS: 4 (All on main floor)
    LIVING AREA: 2,912 SF
    PARKING: 20 Parking Spots
    BASEMENT: Partial

  • MECHANICALS

    WATER: Municipal
    SEWER: Municipal
    HEATING: Forced Air (Electric)
    COOLING: Central Air X2 (Roof Mounted and Ground)
    SUMP PUMP: Yes
    ELECTRICAL: 600 amp 3-Phase Service
    HOT WATER: 2 Electric Tanks 60Gal Each (2020,2021)

  • UPDATES/NOTEWORTHY

    EVERYTHING YOU NEED: Purchase this restaurant and take ownership of everything you need from the cutlery to the pots and pans to the deep fryers.

    IDEAL LOCATION!: This building is a stand alone business in a great spot, close to the local nursing home and the city’s new hospital that is currently under construction. It also on the main drag (Saskatchewan Ave E) and just a few minutes off the #1 Trans Canada Highway

About this property:

The opportunity to purchase an established restaurant building and everything inside of it is a rarity. Just imagine, that quaint mom and pop shop style eatery you’ve been dreaming of finally coming to life! Perhaps you know exactly what type of restaurant your community needs, the type of place that will be busy from open to close feeding all your neighbours, this is your chance!

Currently open as Lita’s Station this train themed restaurant is open for breakfast and lunch and it is busy! The standalone building is just shy of 3,000 SF and has a 150 person capacity. The potential in this dining room is amazing, picturing it full of guests for three meals a day is easy to visualize once you step inside. At the back of the dining room there is a raised area that would make for a perfect spot to rent out for private parties and events. The former location of the bar could be transitioned back into a bar or set up as something different (pool tables, VLT’s etc.)

The location of the building could not be better for a restaurant. Situated on Saskatchewan Ave East, this building is on Portage La Prairies main traffic route where it sees an immense amount of drive by traffic. It is also one of the first restaurants that you pass when entering the city from the east making it an easy stop for travelers. Located just across the road is the Lions Manner Nursing home which is filled with staff and guests all looking for a close place to come and eat, as well, the city’s new hospital is currently under construction just a block away and we all know how desired restaurants are when visiting or working in a hospital.

Included with the sale is the building and all of the restaurant contents (corporation not included). As the new owner you will retain everything from the cutlery to the pots and pans as well as the deep fryers and everything in between including all food stock. There is an extensive list of items to be included. The current owners are retiring and looking for Portage La Prairies next great restauranteur to take over this perfect location.

*All information contained in this listing is deemed to be accurate but cannot be guaranteed. Buyers are strongly encouraged to independently verify all information of great importance.

 

A prime location

When it comes to the location of your business very few other details are more important. The success or failure of a restaurant can largely be determined by where it operates. Luckily, this well established building has one of the best spots in town! Located just down the block from a large nursing home filled with hungry staff, residents and visitors it’s also one of the closest eatery’s to the city’s new hospital which is currently under construction.

Apart from that, its spot on the main road through town provides a ton of drive-by traffic and for travelers going through town it’s the first stop coming from the east and the last stop coming from the west. It’s also easily accessible from the by-pass going around town.

With ample parking and near by residents stacked on top of one another in SIX condo buildings you have plenty of opportunity to win over local residents and make them your regulars, all of which are within walking distance! Delivery services in Portage La Prairie are also a great opportunity as the cities small footprint keeps this idea financially viable.

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