Don McIvor
Managing Broker
Royal LePage Hallmark
(306) 477-0111
1(800) 565-0111

154 1824 McOrmond Drive
University Heights Saskatoon S7S 0A6

$349,900
Commercial

Main Photo: 154 1824 McOrmond Drive in Saskatoon: University Heights Commercial for sale : MLS®# SK986511
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK986511
Bus Major:
Fast food restaurant
This is a rare opportunity to acquire a well-established restaurant franchise in a high-traffic strip mall location. The business comes with a leasehold improvements, fixtures, and full kitchen equipment (including one walk-in cooler). The restaurant has 1750 sq.ft with a seating capacity of 52 and has generated sales of around $850,000 a year. This is an ideal investment for those looking to own their own business. The current staff is experienced and capable, making for a smooth transition for a new owner. Very attractive rent $32/sqft plus $9/sqft of occupancy cost ); easy to operate, stable and strong growth potential. This business is priced to sell and may be eligible for the SINP program. Please contact for more information.
Listing Area:
Saskatoon
Listing Subarea:
University Heights
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Total Floor Area:
1,750 sq. ft.
Ownership Title:
Leasehold
Business Type:
Fast food restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures
Total Building Size:
1,750 sq. ft.
Heating:
Air Conditioning
Construction:
Other
Anchor Tenants, Onsite Parking, Store Front
Date Listed:
Oct 21, 2024
Days on Mkt:
62
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Listed by Royal LePage Hallmark
Data was last updated December 22, 2024 at 01:35 PM (UTC)
Area Statistics
Listings on market:
75
Avg list price:
$299,000
Min list price:
$24,900
Max list price:
$15,700,000
Avg days on market:
90
Min days on market:
2
Max days on market:
345
Avg price per sq.ft.:
$180.91
These statistics are generated based on the current listing's property type and located in Saskatoon. Average values are derived using median calculations.
Don McIvor
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