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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,000
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.
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Lot Size
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Building Size
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Premise Summary
Prime Location with M1 Zoning : Situated in a highly sought-after area, this property benefits from excellent visibility and accessibility, ensuring maximum exposure for your business. With six generously sized offices, there's ample room to accommodate various businesses or tenants, catering to a diverse range of needs. This property boasts a significant addition completed in 2004, Enjoy the convenience of ample parking space both in the front and rear of the building. Don't miss out on this incredible opportunity to own a prime piece of real estate with endless potential. Whether you're an investor seeking a lucrative venture or an entrepreneur looking for the perfect location to establish your business, this property ticks all the boxes. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
1216 8th Street E
Postal Code
S7H0S6
Location Highlights
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Listed by
eXp Realty Saskatchewan listing
Category
Property Information
Premise Status
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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
1,580
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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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
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Financial Information
Yearly Rate
$549,000
Asking Price
$549,000
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.
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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)
1,580
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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