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Benefits
Asking Price
$2,900,000
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
N/A
Building Size
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Premise Summary
This property in the Rm of Churchbridge boasts a diverse setup across its quarter section, featuring a collection of shops and amenities sprawled over 120 prime acres. Its strategically designed yard offers easy maneuverability for large vehicles, including semis, with three access points. The crown jewel among the shops is the expansive 100 x 130 ft. fabrication shop, fully heated with in-floor heating, equipped with a heavy hoist, air compressor, 3-phase power, its own water well and septic system. This space flaunts six overhead doors on three sides, ensuring unparalleled functionality. Adjacent to it the 40 x 140 ft. automated painting facility commands attention. Boasting a soaring 42-foot ceiling, it houses top-notch electrical systems, in-floor heating, and two 2.5-tonne bridge cranes. The cranes can move in and out of the building for ease of product loading. Its generously sized doors on either end and within the shop allow easy access, complemented by excellent exhaust systems and high-heat capabilities for paint drying—truly a remarkable facility. Adding to the property's allure is a 1600 sq. ft. office space with 10 separate offices, a boardroom, server room, staff room, kitchen, and washrooms. This space, heated and air-conditioned with rooftop HVAC, seamlessly connects to the fab shop, offering versatile utility. Additionally, a 36x80 cold storage shop and a three-sided sandblasting booth complement the array of offerings. Living quarters in the form of a 3-bedroom, 1-bathroom house with its own well and septic add a residential aspect. The house offers direct entry to a 30x30 double car garage and a 30x40 RV garage, both insulated and heated with in-floor heating. The property's amenities extend to its utility sources, running on natural gas, with access to three-phase and single-phase power, internet capabilities alongside ample water. It stands as an all-encompassing, well-equipped haven for various industrial or commercial endeavors. (id:39198)
Location
Province
Saskatchewan
City
Churchbridge.
Address
Rm Of Churchbridge Quarter Section With
Postal Code
S0A0M0
Location Highlights
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Listed by
Century 21 Able Realty Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,500
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
N/A
Financial Information
Yearly Rate
$2,900,000
Asking Price
$2,900,000
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.
N/A
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)
1,500
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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