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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$329,900
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Unique property located on the edge of the resort village of Manitou Beach. Possibilities are limited only by your imagination! House has living quarters on main and upper level, business office in basement, along with utilities and half bath. There is also a separate 1 bedroom/studio suite. The double detached garage and gazebo are close to the house. Heated workshop currently houses printing business and has access to unheated portion of the shed, which is ideal for machinery or livestock. Owners currently store RV's on the property during the off season. Some options would be hobby farm, petting zoo, greenhouse/market garden, seasonal campsites....what would you do? Highway access and close proximity to the campground and golf course, the possibilities are limitless. shed, which is ideal for machinery or livestock. Owners currently store RV's on the property during the off season. Some options would be hobby farm, petting zoo, greenhouse/market garden, seasonal campsites....what would you do? Manitou Beach is renowned for it's salt water lake with healing mineral properties and is located just over an hour from Saskatoon and just under 2 hours from Regina. It is also within 30 minutes of 3 potash mines, and 45 min from BHP Jansen Mine site. Watrous is just 5 min away and boasts all services. Call today for your viewing appointment! Click the video link for 3D tour. (id:39198)
Location
Province
Saskatchewan
City
Manitou Beach
Address
307 365 Highway
Postal Code
S0K4T1
Location Highlights
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Listed by
Realty Executives Watrous 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
1,200
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
$329,900
Asking Price
$329,900
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,200
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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