
































1/34Fisher Creek Store Lot, Candle Lake, SK S0J3E0
$249,900 total
0 SF
Asset Class
Specialty
Size
0 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
92%
Year Built
1970
Lot Size
0.48 ac
COMMERCIAL OPPORTUNITY WITH ENDLESS POTENTIAL! Bring your business vision to life with this 1,752 sq. ft. commercial building, offering outstanding flexibility in a highly visible location! The building offers a spacious, vacant shell ready to be customized to suit your needs. Design one, two, or even three separate storefronts, or create a unique layout tailored to your business. The possibilities are extensive, with a generous lot offering additional room for future expansion. Much of the major work has already been completed! The building has been extensively gutted and rebuilt, including a new foundation, concrete slab, weeping tile, flooring, and floor joists. Significant improvements completed in 2018 include a 2,200-gallon water tank, plumbing, and a durable metal roof. Situated on a spacious 0.48-acre lot (168' x 115') with an impressive 168 feet of Highway 205 frontage in Fisher Creek, this property is one of the subdivision's few commercial parcels. Excellent highway visibility, passing traffic, and convenient access to the provincial campground and west-side lake communities create an attractive setting for a variety of potential business ventures. With substantial infrastructure improvements already completed, flexible interior space, room to grow, and an excellent location, this property is ready for its next chapter. Whether your plans involve retail, services, or another commercial venture, bring your ideas and explore the possibilities this unique property has to offer! There are building plans drafted if there is interest. The new garage portion is split so the 30’ section is to be apart of the existing building and the other portion will be for garage use. There is a 2nd story on top to accommodate 5 rental suites which can be applied for a commercial government rebate on new multi home construction. This concept was approved by the village office and highways Saskatchewan for the set backs. Drafted concept is in supplements as well. (id:66811)
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Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$2K
Cash-on-cash
3.14%
DSCR
1.17
Going-in cap
6.48%
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.
Trade area within 3 miles of the property.
Population
125,493
Households
46,394
Median income
$125,500
Median age
35.4
Daytime population
167,665
5-yr growth
0.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Fisher Creek Store Lot, Candle Lake.
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.