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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
Introducing 1945 Avenue B N, a prime commercial real estate opportunity boasting a spacious 2404 sqft building strategically positioned adjacent to Circle Drive and Idylwyld Drive. This highly accessible location offers excellent visibility and convenience for businesses seeking a prominent presence in the area. If you're looking for a revenue property, this is an excellent opportunity with having an active tenant on a 2 year lease for $3500 a month plus utilities until September 31, 2025. Upon entering the property, you will find a versatile room that can be utilized for either retail space or office space. This adaptable area allows for customization, ensuring that it meets the specific needs and preferences of your business. One of the standout features of this property is the expansive 46’ x 38’ warehouse, complete with a 12’ x 14’ grade door and a 12’ x 12’ grade door. This generous warehouse space provides ample room for storage, inventory management, or any other operational requirements. Furthermore, a 38’ x 12’ mezzanine offers additional space, perfect for expanding storage capacity or creating a dedicated workspace. To accommodate the needs of modern businesses, this building is equipped with 3 phase power, ensuring a reliable and efficient power supply for any industrial or commercial activities. This feature is particularly advantageous for businesses that rely on heavy machinery or specialized equipment. With its strategic location, versatile layout, and essential amenities, 1945 Avenue B N presents an exceptional opportunity for businesses looking to establish or expand their presence in this thriving area. Don't miss out on this remarkable property that offers both convenience and functionality in one package. Contact today to schedule a viewing and secure your place in this sought-after location. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
1945 B Avenue N
Postal Code
S7L4K9
Location Highlights
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Listed by
Realty Executives Saskatoon 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
2,404
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
$650,000
Asking Price
$650,000
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)
2,404
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
