702 Railway AVENUE

Exceptional investment opportunity in Rosthern featuring two co-joined buildings on a single property. The historic two-storey corner building, originally constructed in 1903 as a bank, retains its early era character while offering a fully equipped main floor restaurant/diner with booth and table seating, a canopy framed front entrance, and a ramped side entrance for stair free access. The second floor was completely renovated in 2011 and now includes three one bedroom apartments, each with 9½ ft tile ceilings, preserved hardwood and easy care vinyl flooring, kitchens with fridge, stove, and built in microwave/range hood, and three piece bathrooms featuring either tiled or free standing glass showers; the east unit also offers a bay window and decorative fireplace. All three units enjoy the shared laundry in the hallway. The full basement houses utilities including a new boiler (2025). The adjacent one-storey building connects through the shared kitchen and houses the Sixth & Railway Grill / Bar, a well established local destination for dining, beverages, and VLT entertainment. Its modern rustic aesthetic features durable wood and metal finishes, exposed beams, warm lighting, and a distinctive upright piano bar display that enhances branding and guest appeal. The enclosed patio further expands seasonal seating capacity and strengthens revenue potential for commercial operators. This property is fully leased and brings an excellent revenue. (id:53361)