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
$299,000
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
A unique commercial / residential mix building , live on one side of the building, and run your business on the other side, and never drive to work ! Located close to downtown, 2 minute walk to Safeway and less than a 10 minute walk to City Hall, Banks, Schools & Parks! The main floor is 1698 sqft (commercial 702 sqft, residental 996 sqft), and the finished basement is 1698 sqft, The main floor has 702 sqft commercial space (1 washroom) on left side, and 966 sqft 2 bedroom suite on right side , and a firewall in between. The interior of the residential side was completely rebuilt in 2015 as a legal 2 bedroom suite which has in-suite laundry, separate finance( and separate force air heating system), separate central air conditioning system, separate water heater and separate power meter and separate natural gas meter. The commercial side was completely rebuilt in 2015 which has 1 washroom, separate finance( and separate force air heating system), separate air conditioning, separate water heater and separate power meter and separate natural gas meter. Current owner is operating a clothing store and previous owner used the space as a hair salon. The 1698 sqft basement has a separate entrance, and offers 2 bathrooms, laundry room and a few other rooms. Basement can be easily modified to a 3 bedroom suite and rented out as a revenue helper. The basement can also be used for Commercial use such as retail or service industry. The fully graveled backyard has a ton of space for parking; convenient for customers and owners to park. Both commercial side and residential side have their own entrance and exit. The building was built in1989 as per SAMA. Total building area is 3396 sqft (including basement area) as per SAMA. It is buyer's responsibility to find out the built year of the building and the total building area. See the last 3 photos for floorplans and site plan. (id:39198)
Location
Province
Saskatchewan
City
Moose Jaw
Address
228 Fairford Street W
Postal Code
S6H1V6
Location Highlights
N/A
Listed by
Royal LePage Next Level 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
3,396
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
$299,000
Asking Price
$299,000
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)
3,396
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.
