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Retail Property For Sale at 1544 Albert STREET in Regina, Saskatchewan

4 Sale ID #142820
Updated 28 Apr 2024

Asking Price

$785,000

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

Lot Size

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Building Size

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Premise Summary

Good quality open plan 6,250 sf retail building in central Regina close to the Warehouse District and Downtown. Building has warehouse area in the rear of the 6,035sf main floor showroom, and a partial 748sf basement used as storage. Heating/Cooling Retail Area: Rooftop HVAC unit. Warehouse: Floor mounted, natural gas, forced air furnace with air conditioning. (id:39198)

  • MLS® : #SK937553
  • Date Listed : 12 Jul 2023

Location

Province

Saskatchewan

City

Regina

Address

1544 Albert Street

Postal Code

S4P2S4

Location Highlights

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Listed by

RE/MAX Joyce Tourney Realty Saskatchewan listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

6,034

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

$785,000

Asking Price

$785,000

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.

N/A

Gross Revenue- annual

N/A

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)

6,034

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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