
303 Main STREET, Watrous, SK S0K4T0
$240,000 total
1,918 SF
Asset Class
Specialty
Size
1,918 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$125
Occupancy
88%
Year Built
1987
Step into a profitable, turn-key restaurant with a loyal customer base in the heart of Watrous — a friendly and steadily growing community just one hour from Saskatoon and 1.5 hours from Regina. Located right on Main Street, Peachwood Restaurant is well known for its excellent food, consistent quality, and welcoming atmosphere. With strong local support and year-round visitors from nearby Manitou Beach, it offers both stability and growth potential. Watrous is not only a hub for agriculture and potash mining, but also a well-serviced town with its own hospital, schools---Watrous Elementary School (K–6) and Winston High School (7–12), three local car dealerships and a variety of local shops and amenities. The town has a population of approximately 2,300 residents. With a friendly atmosphere and well-developed infrastructure, Watrous is an ideal place to live and do business. In addition to the restaurant space, the second floor includes four private bedrooms, one big living room, one bathroom— quiet, spacious, and completely separate from the business below, providing flexibility for owner occupancy or rental income. Watrous benefits from steady economic activity driven by potash mine expansions, CN Rail operations, and regional tourism. High visibility, strong financials, and excellent foot traffic make this an ideal opportunity for entrepreneurs or investors seeking a reliable income stream. Simply take over and start earning from day one. (id:66811)
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Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$3K
Cash-on-cash
4.59%
DSCR
1.25
Going-in cap
6.92%
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 |
|---|---|---|
| Aurora Legal LLP | 1,696 SF | 2032-05 |
Trade area within 3 miles of the property.
Population
128,169
Households
45,699
Median income
$98,000
Median age
44.5
Daytime population
210,907
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 303 Main STREET, Watrous.
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.