/ Follow me this way
  • Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact

516 Broadway Street West
West YO Yorkton S3N 0P3

$1,250,000
Commercial

View of building exterior
Photo 1: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 2: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 3: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 4: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 5: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 6: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 7: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 8: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 9: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 10: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 11: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 12: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 13: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Photo 14: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK020190
Bus Major:
Restaurant
Melrose Place Family Restaurant is a well-established and highly reputable Yorkton landmark, ideally located beside the Painted Hand Casino and across from the Gallagher Centre in a high-traffic area. Spanning 9,869 sq. ft., this newly renovated, turnkey operation includes a licensed family dining area, banquet rooms for private events, a separate bar/lounge, VLT room, cozy fireplace seating, and an outdoor patio. With 47 years of success—including 26 at its current location—the restaurant boasts strong annual sales, a loyal customer base, consistent profitability, and excellent growth potential through catering, third-party delivery, extended hours, or breakfast service. Recent updates include roof renovations (2024) and commercial kitchen improvements (coolers, freezer, warmers). This is a rare opportunity for an owner-operator or investor to acquire a thriving business with proven performance, exceptional visibility, and room for continued growth in one of Yorkton’s most prominent locations!
Listing Area:
Yorkton
Listing Subarea:
West YO
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1973 (Age: 52)
Total Floor Area:
9,869 sq. ft.
Taxes:
$46,452 / 2025
Ownership Title:
Leasehold
Business Type:
Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Other (See Member Remarks), Parking, Trade Name
Retail Size:
9,869 sq. ft.
Smoke Detector:
Yes
Sprinkler system:
No
Total Building Size:
9,869 sq. ft.
Heating:
Air Conditioning, Roof Top H/Vac
Propane Tank:
Not Included
Sewer:
Attached to Municipal
Construction:
Mixed
Alarm System Owned, Floor Drains, Highway Frontage, Interior Space, Onsite Parking, Store Front
Has Natural Gas: Yes, Other Buildings: No, Parking Facility: Yes, Service To Property: Yes, Yard Light: Yes
Occupancy:
Owner
Power Type:
Three Phase
Amps:
1200
Volts:
240
Topography:
Flat
Sloughs:
None
Nearest Town:
Yorkton
Bush:
None
Fences:
None
Parking Places:
80.0
Parking places open:
80
Site Access:
Paved Road
Date Listed:
Days on Mkt:
  • Photo 1: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    View of building exterior
  • Photo 2: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    View of uncovered parking lot
  • Photo 3: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 3 of 14
  • Photo 4: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 4 of 14
  • Photo 5: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 5 of 14
  • Photo 6: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 6 of 14
  • Photo 7: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 7 of 14
  • Photo 8: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 8 of 14
  • Photo 9: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 9 of 14
  • Photo 10: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 10 of 14
  • Photo 11: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 11 of 14
  • Photo 12: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 12 of 14
  • Photo 13: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 13 of 14
  • Photo 14: 516 Broadway Street West in Yorkton: West YO Commercial for sale : MLS®# SK020190
    Photo 14 of 14
Listed by RE/MAX Blue Chip Realty
Data was last updated October 10, 2025 at 01:35 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$412,000
Min list price:
$34,900
Max list price:
$7,900,000
Avg days on market:
157
Min days on market:
3
Max days on market:
309
Avg price per sq.ft.:
$141.1
These statistics are generated based on the current listing's property type and located in Yorkton. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get all the benefits below, by registering today. A better MLS® search and advantage over other buyers and sellers.

Finding a home should be a joy

Mark Zawerucha
Direct: 306-641-9406
Office: 306-782-2377
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.