Business For Sale · Specialty

134 Main STREET, Melville

134 Main STREET, Melville, SK S0A2P0

$139,999 total

1,800 SF

Asset Class

Specialty

Size

1,800 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$78

Occupancy

93%

Year Built

1959

About this property

Take advantage of this opportunity to own a laundromat in the thriving community of Melville. Whether you're an experienced entrepreneur looking to expand your business portfolio or a first-time business owner, this property offers great potential. Located in a welcoming community with a strong local presence, this laundromat provides an essential service to area residents. An excellent opportunity to invest in a business with potential for continued growth and success. Don't miss your chance to explore this business opportunity in Melville! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$140K
Down payment30% · $42K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$646

Projected NOI

$9K

Annual cash flow

$2K

Cash-on-cash

4.09%

DSCR

1.22

Going-in cap

6.77%

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
Halcyon Wealth Partners1,148 SF2031-07
Halcyon Wealth Partners523 SF2031-07

Area demographics

Trade area within 3 miles of the property.

Population

119,154

Households

52,420

Median income

$68,000

Median age

40.8

Daytime population

101,376

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 134 Main STREET, Melville.

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.