Irvine Street Industrial Property, Buckland Rm No. 491Irvine Street Industrial Property, Buckland Rm No. 491 — photo 2Irvine Street Industrial Property, Buckland Rm No. 491 — photo 3Irvine Street Industrial Property, Buckland Rm No. 491 — photo 4Irvine Street Industrial Property, Buckland Rm No. 491 — photo 5Irvine Street Industrial Property, Buckland Rm No. 491 — photo 6
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For Sale · Specialty

Irvine Street Industrial Property, Buckland Rm No. 491

Irvine Street Industrial Property, Buckland Rm No. 491, SK S6V5R3

$396,500 total

3,537 SF

Asset Class

Specialty

Size

3,537 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$112

Occupancy

98%

Year Built

1960

Lot Size

3.86 ac

About this property

Excellent industrial property located along Highway 2 North, just 5 minutes from Prince Albert! Featuring solid cinder block concrete construction, this property offers a practical setup for a variety of business uses. The building features a 15 ft 6 in ceiling height and single phase power. A large 16 ft x 13 ft 10 in manual overhead door allows for easy access for larger vehicles and equipment, along with one man door for additional entry. The property is partially fenced with space for equipment, vehicles or storage. This property is pending completion of subdivision. For those interested in purchasing the entire parcel please refer to MLS: SK049509 for additional details. Don’t miss out on this great opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$397K
Down payment30% · $119K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$30K

Annual cash flow

$8K

Cash-on-cash

7.08%

DSCR

1.38

Going-in cap

7.67%

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
Northbridge Logistics3,473 SF2029-04

Area demographics

Trade area within 3 miles of the property.

Population

68,781

Households

29,262

Median income

$66,000

Median age

39.6

Daytime population

104,817

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for Irvine Street Industrial Property, Buckland Rm No. 491.

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.