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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
N/A
Premise Summary
B5 commercial, full commercial property with multi-use purpose options. use as is or bulid what you want, a highly desirable 33rd St W location. 1,264 sqft 2 Storey house, was residential rental and full commercial business. Variety of different business use. Hair salon, tailors, retail, flowers, nic nacks, various possibilities. Large commercial use garage at the rear, 24x30 ~ was used an an antique shop at one time and storage over the years, insulated and heated. 33rd Street is a very developed corridor with lots of potential. Can be remodelled for any business type. Call LA for details. Plumbing, heating and electrical all upgraded. Very solid location on a very busy street, over 7,000 cars per day, great exposure. Call for more info. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
217 33rd Street W
Postal Code
S7L0V1
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
N/A
Available Space
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Building Size
1,264
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
$299,900
Asking Price
$299,900
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)
1,264
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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