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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,250,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Development Opportunity!! Currently set up as 6 leasable areas, with 2400sqf Shop and 5 fully serviced & fenced compounds all set up on 2.54acres with 175' of hwy frontage. The 2400sqft leased commercial shop is thoughtfully designed and equipped to meet a variety of business needs. Like new building, with dimensions of 40 feet by 60 feet, this commercial space offers ample room for your entrepreneurial aspirations. Notable features include 12'x16' garage door, 18' ceilings, radiant heat, bathroom, kitchenette area, fenced compound, Highway exposure and signage plus Option to add industrial mezzaniness for storage or office space. This remarkable property also offers 5 spacious and fully serviced fenced compounds, perfect for a wide range of business ventures. With a lot size of 100' X 150' and a double gate for easy access, you'll have all the space you need to bring your vision to life. Whether you're looking storage, set up shop, expand your business, or simply secure a prime location for your operations, KGM Commercial Centre has it all. Each property is cleared, filled with services to each compound (NG, Power & Telephone). All set up and ready for you to start building your dreams. This complete package offers a versatile canvas for various business ventures, including workshops, storage, manufacturing, or even a retail showroom. Its combination of essential amenities, highway exposure, and secure fencing makes it a standout choice for entrepreneurs looking to establish or expand their operations. Your business's future success starts here! (id:39198)
Location
Province
Saskatchewan
City
Prince Albert.
Address
101 Hwy 2 South
Postal Code
S6V0V8
Location Highlights
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Listed by
eXp Realty Saskatchewan listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,400
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,250,000
Asking Price
$1,250,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,400
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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