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154 1824 McOrmond Drive
University Heights Saskatoon S7S 0A6

$429,000
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:
10
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Data was last updated October 31, 2024 at 05:35 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$325,000
Min list price:
$24,900
Max list price:
$15,700,000
Avg days on market:
89
Min days on market:
3
Max days on market:
359
Avg price per sq.ft.:
$173.91
These statistics are generated based on the current listing's property type and located in Saskatoon. Average values are derived using median calculations.
Gary Gai
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.