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Office Building For Sale at 202-222 2nd AVENUE W in Shaunavon, Saskatchewan

updated
4 Sale ID #142829
Updated 05 May 2024

Asking Price

$250,000

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

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Building Size

N/A

Premise Summary

Stunning commercial location available. This corner property consists of ½ acre of prime commercial land and includes a recently updated office space with residential living quarters and a fully heated attached shop. The office space consists of 4 private offices, a reception area, break room and board room complete with two washrooms. The residential space is on the second floor with a one-bedroom suite, with full kitchen and bath and ample living space including a balcony outdoor space. The shop space is accessed from the office and is a full 30’x50’ shop with a 16’x14’ overhead door, finished floor and Gordon Ray heat. The ceiling is vaulted with open span rafters and has a walk-in door from 2nd AVE. The lot has been landscaped with pit run gravel, with access from the Avenue as well as the back lane and features a 14’x16’ electrified shed. Extra space on the lot for Sea-Can Storage with all paved access to the site. (id:39198)

  • MLS® : #SK937587
  • Date Listed : 10 Jul 2023

Location

Province

Saskatchewan

City

Shaunavon

Address

202-222 2nd Avenue W

Postal Code

S0N2M0

Location Highlights

N/A

Listed by

Access Real Estate Inc. Saskatchewan listing

Category

mixed-use-properties office-buildings

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

4,693

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 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

$250,000

Asking Price

$250,000

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

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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)

4,693

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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