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100 3007 Clarence Avenue South
Stonebridge Saskatoon S7T 0B4

$295,000
Commercial 6,127 sq. ft. built: 2015

Main Photo: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 1: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 2: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 3: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 4: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 5: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 6: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 7: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Photo 8: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
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Photo 11: 100 3007 Clarence Avenue South in Saskatoon: Stonebridge Commercial for sale : MLS®# SK831870
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK831870
Bus Major:
Restaurant
The featured property is a current business for sale in a prime location and an exceptional opportunity to buy the assets and set up a new restaurant of your choice at a fraction of the initial set-up cost which was approximately $750,000! The Stonegate development is anchored by TD Bank, Scotia Bank, Dollarama, Home Sense, Ashley’s, Reitmans, Boston Pizza, and A&W Walmart, Home Depot, Golf Town, The Brick, which will produce an amazing amount of traffic for years to come. The Purchaser shall assume the current Tenant‘s existing lease with Landlord‘s approval. The Tenant‘s existing lease term (which expires March 2023) also has one (1) five-year renewal option. Current seating capacity is 190 (126 restaurant and 64 lounge). There are also an additional 24 seats in the private patio. This asset sale includes all existing equipment which includes walk in cooler and freezer, rangehood, grill, oven, deep fryers, tables and chairs, all bar equipment and much more. A detailed equipment list will be provided to interested parties. This is an incredibly-clean and well-maintained restaurant and a turn key grade A opportunity for a restaurant entrepreneur.
Listing Area:
Saskatoon
Listing Subarea:
Stonebridge
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
2015 (Age: 5)
Total Floor Area:
6,127 sq. ft.
Taxes:
$0 / 2019
Ownership Title:
Freehold
Business Type:
Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Inventory, Leasehold Improvements, Supplies
Retail Size:
4,000 sq. ft.
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Air Conditioning, Roof Top H/Vac
Construction:
Mixed
Alarm System Owned, Anchor Tenants, End Space, Onsite Parking, Store Front, Highway Frontage
Parking Facility: Yes
Power Type:
Three Phase
Lot Size:
0.14 acre(s)
Parking Places:
30.0
Date Listed:
Oct 31, 2020
Days on Mkt:
26
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Data was last updated November 26, 2020 at 11:35 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$339,900
Min list price:
$24,900
Max list price:
$4,999,000
Avg days on market:
113
Min days on market:
7
Max days on market:
356
Avg price per sq.ft.:
$172
These statistics are generated based on the current listing's property type and located in Saskatoon. Average values are derived using median calculations.
Shawn Tomyn
The Saskatchewan REALTORS® Association (SRA) (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.
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