244 1st AVE N, Saskatoon, SK S7K 1X1
244 1st AVE N, Saskatoon, SK S7K 1X1
244 1st AVE N, Saskatoon, SK S7K 1X1
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$550,000
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Central Business District

MLS Listing ID SK038644

HOA Y/N No

Annual Tax Amount $1,000

Tax Year 2025

Property Sub-Type Business

Property Description

VENDOR FINANCING / LEASE-TO-OWN OPTIONS AVAILABLE FOR QUALIFIED BUYERS
Located in the heart of downtown Saskatoon's emerging entertainment district, the Capitol Music Club is ideally positioned to benefit from the city's downtown revitalization, including the proposed new arena and surrounding entertainment development.
A cornerstone of Saskatchewan's live entertainment scene for 13 years, the Capitol offers a capacity of 295 guests (130 seated) and has hosted top North American talent across rock, hip-hop, country and jazz, along with comedy shows, magic acts and all-ages events.
Named 2025 Venue of the Year by the Saskatchewan Country Music Association, the Capitol is a versatile, multi-use venue supported by strong industry partnerships, including TCU Place, the Saskatchewan Jazz Festival, DTN YXE, CFCR, Rock 102 and 92.9 The Bull.
The business has earned an outstanding reputation for professionalism and reliability, with:
No SLGA warnings
No insurance claims
No outstanding government liabilities
At least six months of programming consistently booked in advance
Fully equipped and ready for continued operation:
Professionally maintained 26-tap draft beer system
Three BVL liquor systems
TouchBistro POS system with four iPads
Experienced staff, management and booking personnel
Established website and social media presence
Loyal and growing customer base
With Saskatoon's entertainment scene continuing to thrive, the Capitol Music Club represents an excellent opportunity to acquire an established, turnkey business with a proven track record, strong industry connections and an established presence in the market.
BUSINESS ONLY – REAL ESTATE NOT INCLUDED.
Vendor financing / lease-to-own options available for qualified buyers.
Fresh 5 Year lease to owner . $5500 per Month.
Contact your agent to arrange a viewing!

Location

Province SK

Area Saskatoon

Interior

Heating Floor Furnace, Hot Water, Rooftop

Inclusions Equipment & Machinery, Fixtures, Goodwill, Inventory, Leasehold Improvements, Parking, Supplies, Trade Name

Fireplace No

Exterior

Parking Features On Site

Total Parking Spaces 6

Others

Pets Allowed No

Ownership Freehold


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Listed byeXp Realty
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244 1st AVE N

Kris Miazga

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