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Main Photo: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
Photo 1: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
Photo 2: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
Photo 3: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
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Photo 47: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
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Photo 49: 320 C Avenue South in Saskatoon: Riversdale Commercial for sale : MLS®# SK779956
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK779956
Bus Major:
Restaurant
Rare opportunity to purchase an established restaurant in one of the trendiest neighborhoods in Saskatoon, named Canada's Hottest Foodie Destination by Forbes in 2019. Better yet, it is a comfortable home and business all wrapped-in-one - accented with a refreshingly whimsical vibe! Located just a few short blocks from downtown, the Farmer's Market, the Remai Modern, and the South Saskatchewan River, this restaurant has loads of potential as a short-term and long-term investment. The restaurant (Asian Hut) has a cult-following and excellent ratings online, with 4+/5 stars on all major restaurant directories. The dining area can easily facilitate 25-35 patrons, the commercial kitchen is done to code with a sprinkler system in place, five deep freezes, two electrical boxes, and the business license is up-to-date. The property zoning is B5C, allowing for a legal living suite on the property, which has been completely renovated with quality finishes like quartz counter tops, new windows, and a 3pc bathroom (full reno completed in 2017). The suite has an open concept living/kitchenette, 3 bedrooms, and 1 bathroom. The bedrooms could all be doubled as offices or room rentals for other products and services! The backyard has a fence, deck, two parking spots, and a single garage with a view of the downtown skyline. Do not miss this epic entrepreneurial opportunity, with the rapid growth in new development downtown, you will already be one step ahead of your competition! Book your showing today!
Listing Area:
Saskatoon
Listing Subarea:
Riversdale
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1969 (Age: 50)
Total Floor Area:
1,400 sq. ft.
Taxes:
$3,385 / 2018
Ownership Title:
Freehold
Business Type:
Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Parking, Trade Name
Smoke Detector:
Yes
Sprinkler system:
Yes
Heating:
Air Conditioning, Hot Water
Construction:
Wood Frame
Alarm System Owned, Interior Space, Onsite Parking
Parking Facility: Yes
Lot Size:
0.08 acre(s)
Parking Places:
2.0
Parking places open:
2
Date Listed:
Jul 15, 2019
Days on Mkt:
64
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Larger map options:
Data was last updated September 16, 2019 at 11:35 PM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$299,900
Min list price:
$49,900
Max list price:
$5,000,000
Avg days on market:
98
Min days on market:
5
Max days on market:
329
Avg price per sq.ft.:
$111.11
These statistics are generated based on the current listing's property type and located in Saskatoon. Average values are derived using median calculations.
Tanya LaRose
The Saskatoon Region Association of REALTORS® (SRAR) IDX Reciprocity listings are displayed in accordance with SRAR's MLS® Data Access Agreement and are copyright of the Saskatoon Region Association of REALTORS®.
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.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatoon Region Association of REALTORS® displayed on this site is refreshed every 2 hours.