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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$61,655
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
Don't miss out on this fantastic commercial building located in Cut Knife! Built in 1964, this spacious 1344 square foot building offers a great office space for retail or a small business. Previously used as a RM office, this building is equipped with some updated windows and central air conditioning to keep you and your customers comfortable all year round. The vinyl plank flooring adds a modern touch to the space. With its great location, this building offers tons of parking as it sits on three lots with a total space of 75x115. You'll never have to worry about running out of parking space for your customers. Inside, you'll find a convenient 2 pc bathroom for your staff and customers. The building also provides ample storage space, perfect for keeping everything organized and tidy and also equipped with a fire proof safe for all your safe keepings. Don't let this opportunity slip away. Call now to schedule a viewing and make this commercial building in Cut Knife yours today! (id:39198)
Location
Province
Saskatchewan
City
Cut Knife
Address
203 Railway Avenue
Postal Code
S0M0N0
Location Highlights
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Listed by
Dream Realty SK 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
1,344
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
$61,655
Asking Price
$61,655
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)
1,344
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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