Business For Sale · Industrial

130 South Service ROAD, Balcarres

130 South Service ROAD, Balcarres, SK S0G0A8

$459,000 total

2,400 SF

Asset Class

Industrial

Size

2,400 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

$191

Occupancy

89%

Year Built

1984

Lot Size

0.86 ac

Clear height

24 ft

Loading docks

7

About this property

Don’t miss this excellent commercial opportunity in Balcarres! Ideally located on the South Service Road with great highway frontage and visibility, this 2,400 sq. ft. insulated steel-frame warehouse sits on a generous 0.86-acre lot and offers the space, access, and versatility your business needs to grow. Situated just off Highway 10 in a prime location between Melville and Fort Qu’Appelle, this property offers convenient access and excellent exposure for a wide range of commercial uses. The warehouse features an excellent concrete floor with drain and sump, making it ideal for vehicle washing, servicing, equipment storage, warehousing, and more. Heating is well suited to the space with a natural gas furnace as well as an overhead heater that was installed 2021, and an on-demand water heater adds efficiency and convenience. The 284 sq. ft. office/retail area includes a bathroom and can easily be expanded or reduced to suit your business requirements. with a functional Mezzanine located directly above for additional storage! Two oversized overhead doors, approximately 12' x 16' and 15' x 20', provide excellent access for large vehicles, equipment, and deliveries, while the newly fenced compound provides secure outdoor space for parking, storage, or business operations. The property is serviced with natural gas, three-phase power, town water through Balcarres’s excellent R.O. system, and sewer, with affordable utilities adding to the overall appeal. With excellent highway exposure, a functional layout, large yard, upgraded heating, and plenty of room for your business to expand, this is a property that offers both immediate functionality and long-term potential. Opportunities like this don’t come along often — come take a look and see how this property could work for your business needs OR dreams! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$459K
Down payment30% · $138K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-6K

Cash-on-cash

-4.41%

DSCR

0.76

Going-in cap

4.22%

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
Prairie Coffee Roasters916 SF2031-04
Prairie Coffee Roasters1,228 SF2031-04

Area demographics

Trade area within 3 miles of the property.

Population

40,442

Households

14,159

Median income

$102,000

Median age

45.2

Daytime population

68,249

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 130 South Service ROAD, Balcarres.

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.