Art Gallery & Gift Shop in Historic Building with 5 Rental Suites
Business Description
The Broken Spoke Fine Art Gallery presents a unique tri-revenue opportunity in Maple Creek's Historic District, combining an established art gallery and gift shop with five rental suites in an upgraded and well maintained 1915 heritage building.
BUSINESS OVERVIEW
Operating successfully since 2014, this turnkey operation features a seasonal art gallery showcasing select established artists and unique gift items on the main commercial level, while five fully renovated residential suites on the second floor generate consistent rental income. The property benefits from dual commercial/residential zoning and spans 12,000 square feet across three levels.
REVENUE STREAMS
- Annual Revenue: $120,000
- Cash Flow: $40,000
- Gallery & Gift Shop: Seasonal retail serving locals and tourists
- Rental Suites: Currently long-term tenants with potential for higher-yield short-term rentals
- Premium amenities include private courtyard with multi-level decks, BBQ area, pagoda, hot tub, and garden with pond
LOCATION ADVANTAGES
Strategically positioned on the main street of Maple Creek's downtown Heritage District, the business capitalizes on proximity to Cypress Hills Provincial Park's 325,000+ annual visitors. The area has transformed under the Main Street Program with extensive building renovations and coordinated destination marketing, creating an active tourism shopping district.
PROPERTY FEATURES
- Historic 1915 building with modern upgrades including PEX plumbing and LED lighting throughout
- Well-maintained building systems and mechanics
- 4,000 square feet per level (basement, main floor, second level)
- All suites currently rented with strong demand due to limited quality rental inventory in the market
GROWTH POTENTIAL
Multiple expansion opportunities exist including extending seasonal operations, developing partnerships, adding retail product lines, and converting to short-term vacation rentals for higher revenue generation. The established customer base and proven operational systems provide a solid foundation for growth.
INCLUDED ASSETS
- Real estate valued at $500,000
- FF&E worth $50,000+
- Inventory valued at $50,000+
- All building maintenance equipment
- Comprehensive training and transition support
This rare opportunity offers an established business with proven profitability, multiple revenue streams, and significant expansion potential in one of Saskatchewan's premier tourist destinations. Owner retiring after successful operation. For more details and pictures of this unique opportunity please visit website below.
BUSINESS OVERVIEW
Operating successfully since 2014, this turnkey operation features a seasonal art gallery showcasing select established artists and unique gift items on the main commercial level, while five fully renovated residential suites on the second floor generate consistent rental income. The property benefits from dual commercial/residential zoning and spans 12,000 square feet across three levels.
REVENUE STREAMS
- Annual Revenue: $120,000
- Cash Flow: $40,000
- Gallery & Gift Shop: Seasonal retail serving locals and tourists
- Rental Suites: Currently long-term tenants with potential for higher-yield short-term rentals
- Premium amenities include private courtyard with multi-level decks, BBQ area, pagoda, hot tub, and garden with pond
LOCATION ADVANTAGES
Strategically positioned on the main street of Maple Creek's downtown Heritage District, the business capitalizes on proximity to Cypress Hills Provincial Park's 325,000+ annual visitors. The area has transformed under the Main Street Program with extensive building renovations and coordinated destination marketing, creating an active tourism shopping district.
PROPERTY FEATURES
- Historic 1915 building with modern upgrades including PEX plumbing and LED lighting throughout
- Well-maintained building systems and mechanics
- 4,000 square feet per level (basement, main floor, second level)
- All suites currently rented with strong demand due to limited quality rental inventory in the market
GROWTH POTENTIAL
Multiple expansion opportunities exist including extending seasonal operations, developing partnerships, adding retail product lines, and converting to short-term vacation rentals for higher revenue generation. The established customer base and proven operational systems provide a solid foundation for growth.
INCLUDED ASSETS
- Real estate valued at $500,000
- FF&E worth $50,000+
- Inventory valued at $50,000+
- All building maintenance equipment
- Comprehensive training and transition support
This rare opportunity offers an established business with proven profitability, multiple revenue streams, and significant expansion potential in one of Saskatchewan's premier tourist destinations. Owner retiring after successful operation. For more details and pictures of this unique opportunity please visit website below.
About the Business
- Years in Operation
- 12
- Employees
- Owner Operator (wife & husband)
- Currently Home Based
- Yes
- Facilities & Assets
- Built 1915
Building Sq. Ft. Basement 4,000
Main Floor 4,000
2nd level suites 4,000
Many upgrades & maintained, (list available)
PEX and LED throughout
Turnkey sale includes all equipment & inventory for building maintenance - Website
- https://brokenspokeartgallery.com
- Market Outlook / Competition
- Maple Creek's historic downtown has evolved into a popular destination for visitors from across the region, attracting travelers, outdoor enthusiasts, day-trippers, and the more than 325,000 annual visitors to Cypress Hills Interprovincial Park. Continued investment in the downtown core, community revitalization, festivals, and tourism marketing have created a vibrant shopping and cultural experience that benefits local businesses. In addition, a strong demand for quality rental housing and a limited supply of available accommodations have contributed to the success of Broken Spoke's suites, providing a stable income.
- Opportunities for Growth
- Expansion opportunities include extending seasonal operations, partnerships and adding new retail lines of business. The business is well positioned for further strategic development. Local tourism industry is well supported by the town and province. The business is part of a destination marketing group for Southwest Saskatchewan "Cypress Hills Grasslands Destination Group"
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 12,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Training period available. Building maintenance is quite simple and all business contacts will be shared and introduced.
Listing Info
- ID
- 2530999
- Listing Views
Business Location
Listing ID: 2530999 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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