Business For Sale · Office

29 11th STREET E, Prince Albert

29 11th STREET E, Prince Albert, SK S6V0Z8

$799,900 total

9,390 SF

Asset Class

Office

Size

9,390 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

$85

Occupancy

98%

Year Built

1977

About this property

This exceptional 9,390 sqft Commercial Building is in the heart of Prince Albert! The spacious two-storey property offers tons of room and flexibility for a wide range of business opportunities. Featuring numerous rooms throughout, a functional kitchen, and an abundance of natural light pouring in through the numerous windows, the space offers a bright and inviting environment that attracts multiple sectors. With two full levels and generous square footage, there is plenty of opportunity to customize the layout to suit your business needs. A great opportunity for any businesses looking for space, versatility, and room to grow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$48K

Annual cash flow

$4K

Cash-on-cash

1.47%

DSCR

1.08

Going-in cap

5.98%

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
Blue Harbour Design5,253 SF2027-07
Blue Harbour Design2,239 SF2027-07
Blue Harbour Design1,682 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

100,175

Households

36,855

Median income

$94,000

Median age

31.6

Daytime population

154,821

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 29 11th STREET E, Prince Albert.

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.