Business For Sale · Industrial

42 6 Ratner STREET, Edenwold Rm No.158

42 6 Ratner STREET, Edenwold Rm No.158, SK S4L0E3

$274,900 total

1,124 SF

Asset Class

Industrial

Size

1,124 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

$245

Occupancy

96%

Year Built

2020

Clear height

29 ft

Loading docks

11

About this property

Location, Location, Location! An excellent opportunity to own premium commercial warehouse space in the highly desirable Emerald Park industrial development, just 10 minutes from Regina! This well-designed 1,124 sq. ft. commercial condo features impressive high ceilings with the potential to add a second level or mezzanine for additional usable space. The unit includes a finished office area, a convenient 2-piece washroom, a 14' x 16' front overhead door, a 10' x 10' rear overhead door, 3 front parking stalls, and a 936 sq. ft. fenced rear compound. Additional highlights include three-phase power, fibre-optic/high-speed internet availability, durable steel-frame construction, and fully paved access throughout the development, including the parking areas and highway access. BONUS VALUE! The asking price includes a sea container currently located in front of the building, offering additional storage space or the opportunity for the purchaser to sell and remove it for potential cash value. This versatile property is ideal for trades, construction businesses, automotive-related operations, contractors, or businesses requiring functional shop and warehouse storage space. The established condo association and on-site property management provide added convenience with services including mailboxes, snow removal and sanding, landscaping, and garbage and recycling disposal. Whether you're an owner-operator looking to establish your business or an investor seeking a versatile commercial property, this is an opportunity you won't want to miss. Contact your REALTOR® today to schedule a private viewing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$275K
Down payment30% · $82K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$2K

Cash-on-cash

2.34%

DSCR

1.13

Going-in cap

6.24%

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)

TenantAreaExpiry
Blue Harbour Design700 SF2032-12
Blue Harbour Design400 SF2032-12

Area demographics

Trade area within 3 miles of the property.

Population

94,928

Households

34,981

Median income

$85,000

Median age

41.4

Daytime population

109,710

5-yr growth

5.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 42 6 Ratner STREET, Edenwold Rm No.158.

NDA required
  • 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.