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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
Discover a one-of-a-kind opportunity to own a piece of downtown history! This exceptional retail mixed use commercial property offers 12,162 sqft on the main level, 12-foot ceilings, 2 bathrooms, a rear entry and 6 parking stalls for convenience. The upstairs area is approximately 3,000 sqft and has rooftop access, windows and plumbing that provide endless possibilities for development. The open basement adds 12,162 sqft and 2 bathrooms. With solid concrete construction, this property ensures durability and stability. This highly functional and usable space is steps away from the river bank and Central Avenue amenities. Don't miss out! (id:39198)
Location
Province
Saskatchewan
City
Prince Albert
Address
36 13th Street W
Postal Code
S6V3E8
Location Highlights
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Listed by
RE/MAX P.A. 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
24,324
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
$299,900
Asking Price
$299,900
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)
24,324
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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