Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$629,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to your next business venture in the heart of Meadow Lake! This exceptional commercial property, currently housing a thriving wellness studio, is now available for your entrepreneurial vision. This versatile space offers endless possibilities for various business ventures. Key Features: Spacious and Versatile: Spread across a generous floor plan, this property boasts ample space for multiple businesses to thrive. With separate areas dedicated to chiropractic care, massage therapy, yoga instruction, and office spaces, the layout is flexible to accommodate a range of services. Wellness Amenities: The property is thoughtfully designed with wellness in mind, featuring dedicated massage rooms, a large yoga studio perfect for classes or workshops, and multiple chiropractic rooms equipped to meet the needs of practitioners and clients alike. Enjoy the benefits of modern construction with a large addition built in 2013, ensuring the property meets contemporary standards of comfort and functionality. Staff Amenities: Take advantage of the staff kitchen, providing a convenient space for breaks and meal preparation. With three bathrooms on-site, convenience and comfort are prioritized for both staff and clientele. Air Conditioning: Stay comfortable year-round with the property's air conditioning system, ensuring a pleasant environment for employees and visitors alike, even during the warmest Saskatchewan summers. Endless Possibilities: Whether you're considering expanding an existing business or starting a new venture, this property offers the ideal canvas for success. Perfectly suited for accountants, medical services, or any business looking to thrive in a dynamic community. Don't miss this rare opportunity to own a commercial property with such diverse potential in Meadow Lake. Schedule a viewing today and unlock the possibilities that await in this exceptional space! (id:39198)
Location
Province
Saskatchewan
City
Meadow Lake
Address
101 2nd Street W
Postal Code
S9X1C6
Location Highlights
N/A
Listed by
Century 21 Prairie Elite Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,678
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
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
N/A
Financial Information
Yearly Rate
$629,000
Asking Price
$629,000
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.
N/A
NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,678
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
