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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,900
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
Great commercial opportunity on Main Street in the bustling town of Spiritwood. Here you find a concrete block building measuring approx. 30’ x 109’ which has a second floor mezzanine as well! There is a total of about 5,623 sq ft of usable space for retail, office space, warehouse, or whatever your next big plans are! There is enough room where you can develop the space into your own business as well as rent out the second floor or other areas for extra income! The taxes in 2022 were $2816. (id:39198)
Location
Province
Saskatchewan
City
Spiritwood
Address
109 Main Street
Postal Code
S0J2M0
Location Highlights
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Listed by
RE/MAX North Country 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
5,623
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
$129,900
Asking Price
$129,900
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)
5,623
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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