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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.
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Lot Size
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Building Size
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Premise Summary
Don’t miss your opportunity to own this great property located in a busy business area on 4th Ave SW in Moose Jaw. 325& 329 4th Ave is a mixed commercial and residential building. The first floor is Carrs, a convenience store owned by seller. Carrs has a history of 100 years in Moose Jaw. Not only you can find cigarettes, snacks, soft drinks, ice cream, lottery tickets and gifts, there are also Canada post services and mailbox services, which brings in another source of income. The upstairs are 2 recently renovated residential suites and each suite has 2 bedrooms. A lot updates have been done the last few years. It is a solid building with great income. Listing price includes building, business and land. (id:39198)
Location
Province
Saskatchewan
City
Moose Jaw
Address
4th
Postal Code
S6H5V3
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
2,940
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
$299,000
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.
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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)
2,940
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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