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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$450,000
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
Nestled in the rapidly-developing Riversdale neighbourhood is your unique opportunity to make your morning work commute the shortest ever! Perfect for entrepreneurs, freelancers, and other professionals, this mixed-use, 2-storey condo unit located in the Edgewater building of the Banks development is commercial use on the main floor and a residence up top under the same title. The main floor boasts 710 sq ft of open work space with a 2-pc bathroom to accommodate for your business. Your humble abode awaits just upstairs with your bedroom, bathroom, kitchen/dining area, and a large balcony to relax after a day’s work! Plus, one underground parking stall. Positioned in the heart and hub of Saskatoon, you and your business can both enjoy the benefits of close proximity to downtown and other thriving Riversdale businesses, such as The Local Barre Fitness Studio, Guide Hair Salon, Lamorous Beauty Clinic, HomeQuarter Coffeehouse & Bakery, Red Tide Tattoo, and Revolve Café. Contact your local Saskatoon REALTOR® today! (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
106 412 C Ave S
Postal Code
S7M1N7
Location Highlights
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Listed by
Century 21 Fusion 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
1,292
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
$450,000
Asking Price
$450,000
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.
N/A
Premises Size (square feet)
1,292
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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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.
