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Business For Sale · Industrial

1161 98th STREET, North Battleford

1161 98th STREET, North Battleford, SK S9A0L7

$240,000 total

5,000 SF

Asset Class

Industrial

Size

5,000 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

$48

Occupancy

87%

Year Built

1910

Lot Size

0.14 ac

Clear height

30 ft

Loading docks

11

About this property

Take a look at this 5000 square foot heated building in a good location in North Battleford. This building is currently divided into two main parts offering the potential of having two tenants. The south side includes a reception area with office, additional office, washroom, and large warehouse area. The North side offers a warehouse area, washroom, office, and storage room. Access to the building includes a dock door, three grade level roll up doors, and two man doors. Each side is metered for power and gas. Upgrades include a new metal roof in 2021, some over head doors, new water service 2024, water heater 2015, unit heater 2018, some lighting 2024, removal of stucco and tin install 2010/2011. This listing offers many opportunities such as a revenue property, use one side rent out the other, or even a retail business location. The current tenants would be interested in staying. Call today for more info. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$240K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-4K

Cash-on-cash

-4.97%

DSCR

0.73

Going-in cap

4.05%

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 Design2,194 SF2029-03
Blue Harbour Design1,088 SF2029-03
Blue Harbour Design1,057 SF2029-03

Area demographics

Trade area within 3 miles of the property.

Population

140,359

Households

58,323

Median income

$121,000

Median age

33.8

Daytime population

145,708

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 1161 98th STREET, North Battleford.

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.