































1/33102 6 HIGHWAY N, Watson, SK S0K4V0
$449,900 total
2,454 SF
Asset Class
Retail
Size
2,454 SF
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
$183
Occupancy
92%
Year Built
1972
Lot Size
0.15 ac
Sometimes.... it all comes down to timing! And right now, the timing could not be better. Here is an opportunity for you to make a name for yourself in this location. With the Jansen mine opening in less than 6 months, this corner of the province is seeing a surge of influx! Properly priced homes are selling quick, it is hard to find rentals or short-term lodging, and that means what? It means there are people that are working and are going to be hungry! 2023 Provincial Traffic Counts have this intersection seeing 3,000+ vehicles per day. Presently, I would estimate at least another 1,000! The campground/RV park is booked through the winter. The motor inn next door has ZERO vacancy, and are already booking into 2028-2029. If you can cook, and have a work ethic that matches the clientele's, it is almost impossible for you to fail. Real Estate (land & building) included, plus all equipment, and the owner is willing to train for anyone that would like to revive the perogy business; that was at one time, grossing over $200,000/year! With a welcoming community, and increased population to the surrounding area, the TIME is NOW. Call your agent, or reach out for further information! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$-113
Cash-on-cash
-0.08%
DSCR
1.00
Going-in cap
5.52%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 759 SF | 2034-07 |
| Aurora Legal LLP | 502 SF | 2033-07 |
| Aurora Legal LLP | 400 SF | 2033-06 |
| Aurora Legal LLP | 667 SF | 2033-06 |
Trade area within 3 miles of the property.
Population
86,111
Households
31,815
Median income
$64,500
Median age
40.2
Daytime population
133,974
5-yr growth
8.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 102 6 HIGHWAY N, Watson.
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.