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$379,900 total
23,200 SF
Asset Class
Industrial
Size
23,200 SF
Building class
A
Zoning
IM — Medium Industrial
$ / SF
$16
Occupancy
95%
Year Built
2000
Lot Size
20.04 ac
Clear height
24 ft
Loading docks
14
Prime 20-acre commercial/industrial site with exceptional highway frontage along Highway 18, just minutes east of Estevan. This high-visibility property offers outstanding exposure, accessibility, and flexibility for a wide range of commercial, industrial, agricultural, and equestrian operations. The site is partially fenced and serviced with power, and well.. Natural gas is nearby, and three-phase power is available at the pole adjacent to the property. The property is improved with a substantial 23,200 sq. ft. steel-frame building originally constructed as an indoor riding arena and currently operating as a revenue-producing storage facility. Improvements include a 36' x 200' lower-roof section and an 80' x 200' clear-span main arena, offering exceptional versatility for storage, warehousing, fabrication, equipment sales, contractor operations, agricultural uses, or redevelopment. Equestrian features remain in place and include approximately 20 horse stalls, tack room facilities, storage areas, and an elevated overhead viewing box overlooking the arena floor. These existing improvements create opportunities for continued equestrian use, livestock operations, event hosting, training facilities, or conversion to other commercial applications. Currently generating income, the property provides immediate cash flow while offering significant long-term development potential. The expansive yard area provides ample space for equipment storage, laydown yard operations, fleet parking, future expansion, or additional buildings. With excellent highway exposure, existing servicing, income-producing improvements, and potential acreage rezoning subject to approval by RM of Estevan No. 5 Council, this is a rare opportunity to acquire a strategic commercial/industrial asset in one of southeast Saskatchewan's most visible transportation corridors. Position your business for visibility, scalability, and long-term growth. (id:66811)
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Monthly debt service
$2K
Projected NOI
$21K
Annual cash flow
$227
Cash-on-cash
0.20%
DSCR
1.01
Going-in cap
5.60%
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 |
|---|---|---|
| Lakeview Physiotherapy | 15,321 SF | 2033-01 |
| Lakeview Physiotherapy | 6,696 SF | 2033-01 |
Trade area within 3 miles of the property.
Population
135,733
Households
61,825
Median income
$79,000
Median age
40.5
Daytime population
207,004
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Bienfait Riding Arena/Shop and Land, Estevan Rm No. 5.
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.