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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$700,000
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
Seize this investment opportunity with three versatile properties located at 201, 203, and 205 33rd St W. Motivated seller seeks a quick sale. Situated in B5 zoning, these properties are ideal for various developments like restaurants, retail stores, medical clinics, offices, or financial institutions. Buyers must independently verify the land and property uses. Consider purchasing all three properties for a streamlined deal. Each site is easy to show! 205 33rd St W stands out with its unique combination of retail and warehouse space, with a renovated living area featuring 3 bedrooms and 2 bathrooms. The main level includes a master bedroom with an ensuite bathroom. The basement includes two bedrooms and a bathroom. Recent upgrades include granite countertops, contemporary flooring, fresh paint, PVC windows, and upgraded drywall and stairs. Price excludes GST. MLS # for 201: SK953253, MLS# for 203: SK953255 (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
205 33rd Street W
Postal Code
S7L0V2
Location Highlights
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Listed by
Flex Realty 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
1,200
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
$700,000
Asking Price
$700,000
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)
1,200
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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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.
