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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$259,000
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
Lot Size
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Building Size
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Premise Summary
Here is an awesome commercial building in the heart of main street! The main floor features a large open concept reception area with office space and an updated kitchenette. Excellent tenant currently in place with a possibility of renewal. There are two bathrooms and an additional office or storage room space as well. The upper level is a beautiful rental suite which was completely renovated. This space boasts high ceilings throughout and an awesome open concept living/kitchen/dining area with hardwood and tile flooring, an exposed brick feature wall, and beautiful kitchen with stainless steel appliance package. There are two generous sized bedrooms, in suite laundry and a huge 4 piece bathroom. A covered porch off the back provides a ton of extra storage space as well. Updates also include new plumbing and electrical, epoxy liner on the roof with 10 year warranty, and more. There are two a/c units, and two parking spaces in the rear. This would be a great opportunity to live upstairs and have the main floor tenant cover your expenses! (id:39198)
Location
Province
Saskatchewan
City
Estevan
Address
1108 4th Street
Postal Code
S4A0W7
Location Highlights
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Listed by
Coldwell Banker Choice Real Estate 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
N/A
Building Size
2,850
Year Built
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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
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
$259,000
Asking Price
$259,000
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)
2,850
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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