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$ 149,900
Est. payment | /mo
3,340 SqFt
$ 149,900
Est. payment | /mo
3,340 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $44
MLS Listing ID SK043148
Year Built 2012
Property Sub-Type Retail
Source Saskatchewan
Property Description
Excellent opportunity to acquire a well-established, fully equipped Vietnamese restaurant in a high-exposure downtown Saskatoon location. The lease includes approximately 1,578 sq. ft. of main-floor restaurant space, plus a 2-bedroom basement living quarters included at no additional base rent. Current base rent is $6,000/month plus $500/month occupancy costs (+ GST), with the tenant responsible for separately metered gas and electricity. There are also shared occupancy cost with the church above. Occupancy costs include property taxes, building insurance, water, common area maintenance, snow removal, landscaping, and other building operating expenses. Current lease expires February 28, 2027, with one 5-year renewal option available (subject to the lease terms). The restaurant features quality leasehold improvements, a fully equipped commercial kitchen, and a spacious dining area. Two designated parking stalls are included. Financial statements are available to qualified buyers upon signing a Confidentiality Agreement (NDA). Please do not approach staff or discuss the sale with employees. All showings are by appointment only.
Location
Province SK
Community City Park
Interior
Heating Air Conditioning, Floor Model Furnace, Hot Water, Roof Top H/Vac
Cooling Air Conditioning, Floor Model Furnace, Hot Water, Roof Top H/Vac
Exterior
Garage Spaces 2.0
Amenities Available Alarm System Owned, Floor Drains, Onsite Parking
Total Parking Spaces 2
Others
Ownership Leasehold
Listed by Royal LePage Varsity
Schools and Properties Nearby
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