489 2nd Avenue N, Saskatoon, Saskatchewan

About 489 2nd Avenue N

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:6289)

More Info on this City Park MLS® listing

489 2nd Avenue N is a listing for sale in Saskatoon. The MLS® number is SK043148. It was built in 2012 and covers 3,340 square feet. It's currently listed for $119,800. For more details on MLS® SK043148, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in City Park is available now!

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