For Lease · Hospitality

331 Railway AVENUE, Bredenbury

331 Railway AVENUE, Bredenbury, SK S0A0H0

$149,900 per sq ft / yr

3,196 SF

Asset Class

Hospitality

Size

3,196 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

$47

Occupancy

94%

Year Built

1912

Lot Size

0.32 ac

About this property

Bar/Tavern in Bredenbury available for a new owner. There is currently no liquor license held on the establishment and is not in operation. 8 potential rental rooms, pool table, deep fryer, grill, pizza oven, pizza dough mixer. There is a two car heated detached garage as well as a separate non-insulated shop with a bifold door. This property is also listed for lease. No financilas available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$692

Projected NOI

$8K

Annual cash flow

$-180

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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
Northbridge Logistics2,058 SF2032-10
Northbridge Logistics930 SF2032-10

Area demographics

Trade area within 3 miles of the property.

Population

69,793

Households

32,563

Median income

$120,000

Median age

33.8

Daytime population

79,824

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 331 Railway AVENUE, Bredenbury.

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.