Business For Sale · Office

314-322 Fourth STREET, Estevan

314-322 Fourth STREET, Estevan, SK S4A0T8

$499,000 total

5,040 SF

Asset Class

Office

Size

5,040 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

$99

Occupancy

99%

Year Built

1979

Lot Size

0.42 ac

About this property

Now available on 4th Street in Estevan, this 5,040 sq. ft. commercial building offers excellent exposure, ample parking, and plenty of flexibility for a variety of commercial uses. Situated on three lots with approximately 150 feet of frontage, the property features a large, paved parking area with convenient access for customers, employees, and deliveries. The building is a steel frame, clear-span design with 14-foot sidewalls, providing endless opportunities for future renovations or reconfiguration. The interior is currently developed with a large reception area upon entry, 12 offices, two boardrooms, a kitchen area, and additional functional space. A large upper-level storage area provides even more room for equipment, inventory, or records. Additional features include 200-amp electrical service and a separate 240 sq. ft. outdoor storage building. Whether you're looking for an investment property, professional office space, retail location, warehouse or other commercial use, this property offers a number of possibilities. Call today for more information! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$37K

Annual cash flow

$9K

Cash-on-cash

6.07%

DSCR

1.33

Going-in cap

7.36%

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 Physiotherapy4,974 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

131,601

Households

49,782

Median income

$134,500

Median age

41.1

Daytime population

203,171

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 314-322 Fourth STREET, Estevan.

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.