Business For Sale · Specialty

623 Main STREET, Moosomin

623 Main STREET, Moosomin, SK S0G3N0

$90,000 total

1,800 SF

Asset Class

Specialty

Size

1,800 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$50

Occupancy

84%

Year Built

1920

About this property

Here is a great opportunity to invest in! Main floor commercial space with two one bedroom apartments above on Moosomin's busy Main Street. The exterior of the building has nice curb appeal. The main floor has seen renovations in the last 4 years and looks great! The main floor tenant has a 3 year lease in place until September 2028, and both apartments are occupied as well. Contact an agent for more information and to take a look. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$90K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$416

Projected NOI

$5K

Annual cash flow

$-140

Cash-on-cash

-0.52%

DSCR

0.97

Going-in cap

5.39%

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
Northbridge Logistics683 SF2033-03
Northbridge Logistics400 SF2033-03
Northbridge Logistics400 SF2033-03
Northbridge Logistics400 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

129,558

Households

45,517

Median income

$113,000

Median age

35.2

Daytime population

117,736

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 623 Main STREET, Moosomin.

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.