1/19402 Davidson AVENUE, Kelvington
402 Davidson AVENUE, Kelvington, SK S0A1W0
$339,000 total
1,200 SF
Asset Class
Specialty
Size
1,200 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$283
Occupancy
99%
Year Built
1980
Lot Size
0.99 ac
About this property
ESTABLISHED DINE-IN & DRIVE-THROUGH RESTAURANT – KELVINGTON, SK Here is an exciting opportunity to own an established dine-in and drive-through restaurant in the thriving community of Kelvington, Saskatchewan, located in the heart of East Central Saskatchewan. This well-established business offers both dine-in and convenient drive-through service, with several recent equipment updates. An information package is available to qualified and interested buyers. Kelvington is a vibrant community offering a full-service hospital and a variety of amenities and recreational opportunities. Located just approximately 30 minutes from Greenwater Provincial Park, the area is a destination for hunting, fishing and snowmobiling, while local amenities include a beautiful grass-green golf course, swimming pool and bowling alley. Whether you’re an experienced restaurateur or an energetic entrepreneur looking for an opportunity to make your mark, this established business offers a great foundation to build upon. Come take a look and explore the possibilities! An information package is available upon request. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$6K
Cash-on-cash
6.26%
DSCR
1.34
Going-in cap
7.42%
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 |
|---|---|---|
| Cascade Foods Inc. | 643 SF | 2028-02 |
| Cascade Foods Inc. | 400 SF | 2028-02 |
| Cascade Foods Inc. | 400 SF | 2028-02 |
| Cascade Foods Inc. | 400 SF | 2028-02 |
Area demographics
Trade area within 3 miles of the property.
Population
75,039
Households
29,994
Median income
$83,000
Median age
40.8
Daytime population
67,517
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 402 Davidson AVENUE, Kelvington.
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.