Business For Sale · Specialty

310 Main STREET N, Ituna

310 Main STREET N, Ituna, SK S0A1N0

$159,999 total

2,134 SF

Asset Class

Specialty

Size

2,134 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$75

Occupancy

99%

Year Built

1965

Lot Size

0.07 ac

About this property

Amazing opportunity to own a restaurant in a thriving, high traffic community. This property includes 4 bedroom living quarters above the business. Perfect for owner-operators!! This community has strong local support and with the living accomodations just upstairs this is a rare chance for a great business and lifestyle. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$160K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$739

Projected NOI

$13K

Annual cash flow

$4K

Cash-on-cash

8.41%

DSCR

1.46

Going-in cap

8.06%

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
Lakeview Physiotherapy1,311 SF2030-04
Lakeview Physiotherapy496 SF2030-04
Lakeview Physiotherapy400 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

91,053

Households

32,748

Median income

$94,000

Median age

45.9

Daytime population

103,121

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 310 Main STREET N, Ituna.

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.