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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$160,000
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
Introducing a remarkable office space located on the second floor, offering 753 square feet of fully finished and well-designed workspace. This office is thoughtfully divided into three spacious rooms, providing versatility and privacy for various business needs. Additionally, it features a convenient two-piece bathroom, ensuring comfort and convenience for occupants and clients alike. Situated within a mature and sought-after neighborhood, this office is nestled in the heart of Willowgrove, surrounded by a thriving community of families and professionals. The location offers a serene and conducive environment for productivity and growth. Currently, all three office rooms are leased at a competitive rental rate of $1,700 per month, providing a steady income stream for the savvy investor. Furthermore, the property includes a basement storage room, offering valuable additional space for storing equipment and supplies. This opportunity presents an appealing proposition, whether you are seeking to establish your own business headquarters or looking for a sound investment. Owning this office space can prove more cost-effective than renting, making it an attractive option for entrepreneurs and investors alike. To explore this exceptional offering or to obtain further details, please do not hesitate to reach out. We are committed to assisting you in making a sound real estate decision that aligns with your goals. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
207 419 Willowgrove Square
Postal Code
S7W0T2
Location Highlights
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Listed by
RE/MAX Saskatoon 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
753
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
$160,000
Asking Price
$160,000
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)
753
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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