1/251213 7th AVENUE N, Saskatoon
1213 7th AVENUE N, Saskatoon, SK S7K2W1
$1.3M total
3,393 SF
Asset Class
Retail
Size
3,393 SF
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
$383
Occupancy
98%
Year Built
1984
Lot Size
0.22 ac
About this property
Owner is retiring. Unleash your creativity and embark on an exciting entrepreneurial journey by owning your own building and starting a restaurant and bar in the bustling neighbourhood of North Park. This unique opportunity sits blocks away from City Hospital. The fully equipped 3,400 sq ft building features seating for 130 guests in the restaurant and lounge, which includes VLTs. An ideal site for a wide variety of ventures, from condo development to future retail or medical office space. This property offers the perfect foundation for your thriving business with concrete block construction and a full basement. Don't miss out on this prime location—contact your realtor today for a private showing and seize the chance to make your mark in the North Park community. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$88K
Annual cash flow
$16K
Cash-on-cash
4.01%
DSCR
1.22
Going-in cap
6.74%
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 |
|---|---|---|
| Cascade Foods Inc. | 3,339 SF | 2031-08 |
Area demographics
Trade area within 3 miles of the property.
Population
76,708
Households
33,053
Median income
$67,000
Median age
39.7
Daytime population
117,599
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1213 7th AVENUE N, Saskatoon.
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.