1/16440 & 446 1st AVENUE E, Melville
440 & 446 1st AVENUE E, Melville, SK S0A2P0
$99,900 total
1,891 SF
Asset Class
Specialty
Size
1,891 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$53
Occupancy
93%
About this property
Multiple opportunities with this property to generate income. The carwash bay's are currently being rented individually. There are still tanks in the ground from the old gas station and the vaccum is functioning. The home has potential to generate steady rent as well. Great street front access for any business!! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$461
Projected NOI
$7K
Annual cash flow
$1K
Cash-on-cash
4.83%
DSCR
1.26
Going-in cap
6.99%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 860 SF | 2031-11 |
| Meridian Health Group | 890 SF | 2031-11 |
Area demographics
Trade area within 3 miles of the property.
Population
97,650
Households
45,624
Median income
$87,500
Median age
44.2
Daytime population
142,742
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 440 & 446 1st AVENUE E, Melville.
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.