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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$169,900
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
Welcome to this well maintained commercial property located in the heart of Langham, just a short 30-minute drive northeast of Saskatoon. With about 1400 sq ft on the main floor, the building encompasses a spacious store front reception area and private offices, plus boardroom and a self-contained living quarter including kitchen, bath and bedrooms in the back. This commercial space presents numerous possibilities, making it suitable for retail, office, medical, warehouse, or small business ventures. Don't miss the opportunity to explore the potential of this great property, offering both space and versatility for various business endeavors. (id:39198)
Location
Province
Saskatchewan
City
Langham
Address
240 Main Street E
Postal Code
S0K2L0
Location Highlights
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Listed by
Royal LePage Hallmark 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
1,400
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
$169,900
Asking Price
$169,900
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)
1,400
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
N/A
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