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Industrial Property For Sale at Clavet Food Services Facility in Corman Park, Saskatchewan

4 Sale ID #145634
Updated 30 Apr 2024

Asking Price

$169,900

Cap Rate help 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

Great opportunity in the RM of Corman Park. This block building is located minutes from the new Costco with Asphalt to the property. Zoned Ag with a discretionary use in place for food production and the building is an approved food production facility with the Government of Saskatchewan. Commercial kitchen with 480 volt power stepped down to 240 volt, gas range run by propane and a huge walk in freezer with cooler space. Formerly operated as an Abattoir, this property has many uses and the location is incredible. Call today for all the details. (id:39198)

  • MLS® : #SK940675
  • Date Listed : 03 Aug 2023

Location

Province

Saskatchewan

City

Corman Park.

Address

Clavet Food Services Facility

Postal Code

S0K0Y0

Location Highlights

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Listed by

Royal LePage Saskatoon Real Estate Saskatchewan listing

Category

industrial-properties

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

900

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$169,900

Asking Price

$169,900

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

900

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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