489 2nd AVENUE N, Saskatoon
1 / 43
For Sale
$119,800
0 bd · 0.0 ba · 3,340 sq ft

489 2nd AVENUE N, Saskatoon S7K2C1

MLS®# SK043148

Est. mortgage
$549/mo

About This Home

Property Type
Commercial, Business
Parking
Garage: No, 0 parking
MLS #
SK043148
Size
3340 sqft
Year Built
2012
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:10452)

Property Details

Full Property Details

Interior

Washrooms
0.0
Square Footage
3340 sqft
Heating Type
Furnace, Hot Water
Full Bathrooms
0
Half Bathrooms
0

Exterior

Parking Spaces
0
Garage Spaces Y/N
No

Building Description

Home Type
Commercial
Subtype
Business
Year Built
2012

Community

Community
City Park
Area Code
Saskatoon
Clayton McNally & Jessica Hamel
Clayton McNally & Jessica Hamel
RE/MAX SASKATOON
Listed by May Liang
116 days on site
Listing Broker
Royal LePage Varsity
Courtesy
Royal LePage Varsity

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