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Mixed-Use Property For Sale at 1100 Victoria AVENUE in Regina, Saskatchewan

updated
4 Sale ID #206812
Updated 27 Apr 2024

Asking Price

$350,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Prime Location!! It is on corner of Victoria and Quebec. This building is a mixed property. Main floor is a restaurant/ retail space, upstairs is a 3bedroom and 1 bathroom residential area, a double attached car garage. Good parking spots in front and also off street. The bonus with this building is that there is a vacant lot next to it is also included which has the potential to be used for a variety of different ways to bring in extra income. Listing price includes: building, vacant land and equipment . (id:39198)

  • MLS® : #SK959362
  • Date Listed : 20 Feb 2024

Location

Province

Saskatchewan

City

Regina

Address

1100 Victoria Avenue

Postal Code

S4P0N7

Location Highlights

N/A

Listed by

Realty Executives MJ Saskatchewan listing

Category

apartment-buildings mixed-use-properties retail-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,826

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$350,000

Asking Price

$350,000

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)

1,826

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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