Commercial space for sale Pilot Butte, $399,900

#201360 | 341 5th Street

Owner's comments

EXCELLENT BUSINESS OPPORTUNITY!! Are you looking to escape the hustle and bustle of city life and a chance to own your own business If so, this could be just the opportunity for you! Located in the quiet and friendly community, just 8 miles east of Regina, in Pilot Butte, is this well maintained convenience store for sale. Very stable company has been owned and operated for the past 20 years by the same owner and has shown steady rising profits throughout the years. Business consists of fast food take-out, grocery items, ice-cream, movie rentals, lottery tickets, and all other confectionary items. Business is located in a high traffic location, across the street from the elementary school and rink, which are both sure to generate plenty of business. Pilot Butte is an excellent place to raise a family or to retire where you can enjoy small town living, yet still close to the big city amenities. For more information or to view this excellent property, give Wanda a call today!

Central Air : yes

Basement : not finished - used as storage

Possession : negotiable

Other comments : INFORMATION ON BUSINESS:
- confectionary, fast food take-out, grocery items, ice cream, movie rental, lottery outlet
- high traffic location
- across street from elementary school and rink
- present owner operated business for 20 years
- land, building, and all equipment included
- stock over and above purchase price

Community :
- Located in Pilot Butte just 8 miles east of Regina
- population of approximately 2000
- Local preschool and K-8 elementary school nearby
- Busing available to Balgonie High School
- Services include: gas station, restaurant, daycare, recreation activities including gymnastic and dance classes, adult & childrens fitness classes, seniors care home, golf course and park, various local businesses and services from landscaping to construction, hair salon and reflexology, home décor and sewing

341 5th Street, $399,900
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  • Asking Price : $399,900
  • Localisation certificate : Yes
  • Franchise : Yes

Other details :

  • Floor coverings :
    • Concrete
  • Features :
    • Air Conditioning
    • Kitchen
    • External Lighting
    • Outside Sign
    • Furnace
    • Lights
  • Parking / Driveway :
    • Crushed Gravel
  • Location :
    • Near park
    • Residential area
  • Lot's description :
    • Corner lot
  • Near Educational Services :
    • Kindergarten
    • Elementary school
  • Near Recreational Services :
    • Sportif center

Mortgage payments

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Contact the owner

Phone : 306-781-4533
Office : 306-781-4074

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Annual and Monthly costs

Expenses summary Monthly Annual
Mortgage
Municipal taxes $96.30 $1,155.58
Total known costs $96.30 $1,155.58

Steps to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Investigate Mortgage Options

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

  2. 2. Get a Lawyer

    It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.

  3. 3. Make the Offer

    You can contact your lawyer for help with filling out the offer document, which can be downloaded from the comfree website or provided to you by the seller. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).

  4. 4. Home Inspection or New Home Warranty

    Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.

    What is a New Home Warranty?

    New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.

  5. 5. Finalizing the Deal

    Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.

  6. 6. Moving Preparations

    There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.

  7. 7. Closing Day

    This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!

We're here to help

Rosel

Real Estate Consultant

ComFree is a team of more than 280 people committed to providing you with outstanding service so you can successfully sell your home.


Need more information? Please call a member of our customer service team:

1 866 468-3757


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Fireplace
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Panoramic view
Pool
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