Business For Sale · Office

1516 20th STREET W, Saskatoon

1516 20th STREET W, Saskatoon, SK S7M0Z6

$324,900 total

2,430 SF

Asset Class

Office

Size

2,430 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$134

Occupancy

98%

Year Built

1935

Lot Size

0.1 ac

About this property

Welcome to 1516 20th Street West. This property features 2,430 square feet of main-level space, including: - 5 offices - 3 service rooms - A large front foyer with separate ventilation - An open rear office area with 2 washrooms. Additionally, the property includes a lower level with ample storage and 3 parking spaces in the back. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$325K
Down payment30% · $97K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$5K

Cash-on-cash

5.43%

DSCR

1.29

Going-in cap

7.17%

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
Prairie Coffee Roasters1,018 SF2030-03
Prairie Coffee Roasters582 SF2030-03
Prairie Coffee Roasters791 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

113,291

Households

47,476

Median income

$101,000

Median age

44.4

Daytime population

113,115

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 1516 20th STREET W, Saskatoon.

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.