Business For Sale · Specialty

333 Third AVENUE S, Kamsack

333 Third AVENUE S, Kamsack, SK S0A1S0

$270,000 total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

90%

Year Built

1937

About this property

Prime commercial opportunity on Third Avenue in Kamsack, the community’s main commercial street! This established restaurant and hard ice cream business offers a fantastic opportunity for an entrepreneur looking to step into a turnkey operation with a dedicated customer base. Ideally located in the heart of the community, the property offers excellent visibility and convenient access for both local customers and visitors to the area. Kamsack’s close proximity to Duck Mountain Provincial Park and surrounding recreational areas brings increased summer traffic and visitors to the region, providing an opportunity to capture seasonal tourism business. All existing restaurant equipment is included in the sale, including a newer hood range and stove that are ready to be installed. With an established presence, loyal clientele, and equipment already in place, this property provides a great foundation for continuing the current restaurant and hard ice cream operation or bringing your own vision to the space. Whether you’re looking to carry on the existing business or create something new, this is an opportunity worth exploring! (id:66811)

Financial sandbox

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Estimate
Purchase price$270K
Down payment30% · $81K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$2K

Cash-on-cash

2.13%

DSCR

1.12

Going-in cap

6.18%

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.

Area demographics

Trade area within 3 miles of the property.

Population

70,068

Households

24,426

Median income

$70,500

Median age

41.2

Daytime population

80,032

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 333 Third AVENUE S, Kamsack.

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.