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Retail Property For Sale at 101 4th AVENUE E in Gravelbourg, Saskatchewan

updated
4 Sale ID #203089
Updated 02 May 2024

Asking Price

$39,900

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.

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Lot Size

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Building Size

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Premise Summary

Check out this affordable commercial building in the heart of Gravelbourg! With store front, garage/ shop space and cold storage this could be just the place you are looking for. Located just off main street on a bustling street. With almost 900 sq.ft of store front there is lots of options for this space! From coffee shops to retail stores! Out back we have an oversized attached double car garage / shop space (20'x30')! There is also a section of cold storage attached to the building! Outside we have 4 parking spots - 2 with power. Next to the parking we have 2 large storage sheds (12'x14' and 14'x16'). Lots of upgrades to this building in the last few years, including: LED lighting, drywall, paint, front door, and the front windows! Floor model natural gas furnace, 100 amp electrical service and a wall mount A/C unit! Quick possession available! So many possibilities for this building - call today to book your showing! (id:39198)

  • MLS® : #SK958400
  • Date Listed : 05 Feb 2024

Location

Province

Saskatchewan

City

Gravelbourg

Address

101 4th Avenue E

Postal Code

S0H1X0

Location Highlights

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Listed by

Royal LePage Next Level Saskatchewan listing

Category

mixed-use-properties retail-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

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Available Space

N/A

Building Size

2,454

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 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

$39,900

Asking Price

$39,900

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.

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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)

2,454

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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