1/9102 Main STREET, Lipton
102 Main STREET, Lipton, SK S0G3B0
$149,900 total
7,654 SF
Asset Class
Specialty
Size
7,654 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$20
Occupancy
90%
Year Built
1905
Lot Size
0.35 ac
About this property
Exceptional investment opportunity in Lipton! Featuring main-level commercial space ideal for a restaurant, plus over 5,000 sq. ft. of developable space across the 2nd and 3rd levels that can easily accommodate 6 spacious rental suites. With a local population of over 350 residents and zero dining competition in town or the immediate surrounding area, this property offers a captive market for food service alongside strong demand for rental housing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$692
Projected NOI
$9K
Annual cash flow
$550
Cash-on-cash
1.22%
DSCR
1.07
Going-in cap
5.91%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 6,858 SF | 2032-03 |
Area demographics
Trade area within 3 miles of the property.
Population
47,768
Households
17,334
Median income
$130,500
Median age
38.1
Daytime population
68,345
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 102 Main STREET, Lipton.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.