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$599,000 total
3,829 SF
Asset Class
Specialty
Size
3,829 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$156
Occupancy
85%
Year Built
1979
Lot Size
0.7 ac
Turnkey Airbnb & Mixed-Use Opportunity on 0.70 Acres! This unique, well-maintained property offers residential, commercial, and income-producing potential in one versatile package. The approximately 2,380 sq. ft. residential space spans two levels and was most recently operated as a successful Airbnb, with the setup ready for a new owner to continue operating. It features three spacious bedrooms, two ensuite bathrooms, a four-piece main bath, laundry room, and an updated open-concept kitchen, dining, and living area. Recent improvements include vinyl plank flooring, updated kitchen and bathrooms, and Hunter Douglas window coverings. The kitchen is equipped with a Maytag refrigerator and stove (2015), Amana dishwasher (2020), and Broan range hood. The laundry room includes a Maytag top-load washer and dryer (2015). The approximately 1,449 sq. ft. commercial space is spread over three levels and includes a reception area, five private offices, washroom, storage room, and a large open area previously used for office and daycare purposes. Major exterior upgrades completed in 2017 include new windows, HardiePlank siding, eavestroughs and downspouts, soffit and fascia, rear door with sidelight, and 45-year shingles. The property also offers multiple storage sheds, fencing, and attractive landscaping. Live in the residential space, continue the Airbnb operation, run a business, or combine multiple uses. With substantial updates, generous square footage, and 0.70 acres of land, this property offers flexibility and immediate income-producing potential. (id:66811)
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Monthly debt service
$3K
Projected NOI
$31K
Annual cash flow
$-2K
Cash-on-cash
-1.21%
DSCR
0.93
Going-in cap
5.18%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 1,304 SF | 2034-11 |
| Vector Robotics | 1,932 SF | 2034-11 |
Trade area within 3 miles of the property.
Population
106,454
Households
42,575
Median income
$109,000
Median age
33.8
Daytime population
138,919
5-yr growth
2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 395 Riverview ROAD, Yorkton.
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.