For Sale · Specialty

401 3 AVENUE, Hazlet

401 3 AVENUE, Hazlet, SK S0N1E0

$180,000 total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

93%

Year Built

1928

About this property

Step into prairie history and turnkey entrepreneurship with this beautifully maintained 1912 church in Hazlet. Currently operating as a beloved venue for weddings, retreats, and concerts, this 2474 sq. ft. property pairs authentic vintage charm with modern necessity. The 30' x 40' sanctuary offers open-concept timber character and soaring acoustics, complemented by a dedicated addition featuring a large 20' x 20' kitchen and 2 bathrooms. Whether expanding your hospitality portfolio, launching a creative studio, or imagining a landmark residential conversion, this historic gem delivers unmatched character and ready-to-use utility. (id:66811)

Financial sandbox

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Estimate
Purchase price$180K
Down payment30% · $54K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$831

Projected NOI

$12K

Annual cash flow

$2K

Cash-on-cash

4.06%

DSCR

1.22

Going-in cap

6.76%

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.

Area demographics

Trade area within 3 miles of the property.

Population

130,239

Households

54,583

Median income

$83,000

Median age

43.6

Daytime population

165,748

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 401 3 AVENUE, Hazlet.

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.