Space
Finished area and layout
- Building Area
- 3,340 sqft
+38 more
3,340 sqft
Building Area
2012
Year Built
Property Snapshot
Key details for this listing
MLS #SK043148
Property
Type, style and structure
- Type
- commercial
- Style
- business / Business
- Ownership
- Leasehold
- Year Built
- 2012
Costs
Price, taxes and monthly charges
About This Property
This business in Saskatoon offers 3,340 sqft of building area. Built in 2012. The home features hot water, furnace heating.
MLS Remarks
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. (id:60351)
Full Listing Details
Address489 2nd AVENUE N
MLS#SK043148
Listing StatusActive
Property TypeCommercial
Sub-TypeBusiness
TransactionSale
Days on Market96
Common InterestLeasehold
Structure TypeRetail
StyleBusiness
Year Built2012
Living Area3,340 sqft
CitySaskatoon
ProvinceSaskatchewan
Postal CodeS7K2C1
HeatingHot Water, Furnace
Business TypeRetail and Wholesale
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