Press release
Bankruptcy Sale: 93,000+ Sq.-Ft. Industrial Facility in Yorkton Heads to Online Auction
Yorkton, SK - A plus-minus 93,325-square-foot industrial manufacturing facility formerly occupied by Leon Manufacturing is headed to online auction as part of bankruptcy proceedings tied to approximately $13 million in debt owed to the Bank of Montreal.
The property is being sold by court-appointed receiver Ernst & Young, with FRE Auctions engaged to conduct the sale in cooperation with RE/MAX Blue Chip Realty.
Leon Manufacturing, a family-owned company with more than 50 years of operations in Yorkton, produced heavy equipment attachments distributed globally. The company entered bankruptcy proceedings in June 2024 following creditor action by the Bank of Montreal. Its equipment assets have already been liquidated.
Situated on 10.98 acres at 135 York Road East, the facility represents one of the larger industrial properties in the Yorkton market and is well-suited for manufacturing, logistics, or agricultural equipment uses.
"This is a rare opportunity to acquire a large-scale industrial facility at a significant discount to replacement cost," said Bill Lange, President of FRE Auctions.
The online auction will accept offers starting at $499,000, with bids due by April 30, 2026. Buyers may submit offers with conditions.
Property tours are available by appointment.
For additional details, visit: http://www.fre.com/540R
Media Contact:
Alisha Lange
alange@fre.com [mailto:alange@fre.com]
FRE (The Future of Real Estate Registered )
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