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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$439,000
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
Welcome to this spacious and unique property. It is a commercial and residential mix used building. The front part of the building is a large commercial space which features a big and open retail area, an office room, 2 bathrooms and a meeting room. The whole commercial area takes 1760 square feet. With the big windows facing the side walks, it is perfect for a retail or office space. At he back of the building is a 2 story attached residential space which was newly renovated and finished in May in 2020 by a great construction company. On the main floor of this 1505 Sq ft living area, there is a kitchen and dinning area, a living room, a 2 pc bathroom with the washer and dryer in there. The second floor features 4 bedrooms and a 4 pc bathroom. Everything was customize designed by the owner in 2020. This building has a total of 3260 Sqft , and it’s located at a high volume High Street. Only couple minute walking distance to Safeway grocery store, few minutes to main street, restaurants, banks and stores. Also C2 zone allows you to have varieties of business. One parking spot at the back. 2 separate electrical panels. It is a great opportunity for business owners who are looking for a new business location to start their business, also a perfect building for investors with the idea of renting out the commercial and residential spaces separately. (id:39198)
Location
Province
Saskatchewan
City
Moose Jaw
Address
235 High Street W
Postal Code
S6H1S7
Location Highlights
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Listed by
Realty Executives MJ 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
3,265
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
$439,000
Asking Price
$439,000
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)
3,265
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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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.
