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Mixed-Use Property For Sale at 945 WINNIPEG STREET in Regina, Saskatchewan

updated
4 Sale ID #195742
Updated 05 May 2024

Asking Price

$265,000

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

THIS IS LOCATED IN A GREAT LOCATION FOR REDEVELOPMENT. PROPERTY HAS A 25 FOOT FRONTAGE AND MUST BE SOLD WITH THE ADJACENT LISTING OF 945 WINNIPEG WHICH IS ALSO LISTED AND HAS A 25 FOOT FRONTAGE. BUILDINGS ON PROPERTY CONSIST OF SHOP WHICH IS IN USE BY OWNER AND A 2 STOREY HOME ON THE FRONT OF THE LOT. THE HOUSE HAS 2 SUITES ONE ON EACH FLOOR. VIEWING CAN BE ARRANGED ON SHOP BUT HOUSE ONLY GETS A VIEWING AS A CONDITION OF AN ACCEPTABLE OFFER. CALL S/A FOR DETAILS (id:39198)

  • MLS® : #SK956044
  • Date Listed : 15 Jan 2024

Location

Province

Saskatchewan

City

Regina

Address

945 Winnipeg Street

Postal Code

S4R1J1

Location Highlights

N/A

Listed by

RE/MAX Crown Real Estate Saskatchewan listing

Category

mixed-use-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

2,032

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

$265,000

Asking Price

$265,000

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)

2,032

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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