Business For Sale · Industrial

530 Caribou STREET E, Moose Jaw

530 Caribou STREET E, Moose Jaw, SK S6H1L8

$575,000 total

14,960 SF

Asset Class

Industrial

Size

14,960 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$38

Occupancy

91%

Year Built

1982

Lot Size

0.57 ac

Clear height

34 ft

Loading docks

11

About this property

Excellent opportunity to acquire an industrial property on approximately 0.574 acres in Moose Jaw. Located on Caribou Street East, this property offers a combination of heated industrial shop space, additional cold storage, and a sizeable gravel yard, providing a versatile opportunity for an owner-user, investor, or industrial operator. The main building is an approximately 7,000 sq. ft. clear-span, steel-frame industrial shop originally constructed in 1982. The heated shop features one motorized overhead door, four man-doors, overhead natural gas radiant heating, and 3-phase, 400-amp electrical power. The building also includes a maintenance/electrical room and two washrooms, including one fully accessible washroom. An additional approximately 8,000 sq. ft. wood-frame cold-storage building is also located on the property. The cold storage warehouse measures approximately 40' x 200' and provides substantial additional storage potential. The property also offers on-site gravel yard and parking areas with pickup and delivery truck access. The property is municipally serviced with water, sewer and power and is zoned M1 Light Industrial. Its location and configuration provide flexibility for a variety of industrial, warehouse, storage and service-commercial uses, subject to municipal approvals. Property is being offered as-is, where-is. Buyers are encouraged to conduct their own due diligence regarding the condition of the buildings, zoning, permitted uses, property measurements and any required repairs or improvements. A great opportunity to acquire approximately 14,960 sq. ft. of combined building area on a 25,000 sq. ft. site in an established Moose Jaw industrial location. (id:66811)

Financial sandbox

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Estimate
Purchase price$575K
Down payment30% · $173K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$29K

Annual cash flow

$-3K

Cash-on-cash

-1.59%

DSCR

0.91

Going-in cap

5.06%

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 Partners7,359 SF2027-11
Halcyon Wealth Partners6,299 SF2027-11

Area demographics

Trade area within 3 miles of the property.

Population

78,880

Households

27,258

Median income

$130,500

Median age

38.6

Daytime population

115,403

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 530 Caribou STREET E, Moose Jaw.

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.