Kevin Sing

1 Sqft Commercial Property in Saanich East

$319,000 - ML# 413918
29 - 3601-75 Shelbourne St
Saanich East - SE Cedar Hill

This is only a guide. Please verify this information with your mortgage specialist.

Squeaky's Laundromat is for sale. Currently owned and operated by a mostly absent owner this Shelbourne Street fixture is awaiting a new owner. For an owner who chooses to work at the store there are substantial profits to be made. There are definite areas where business can be significantly increased in a short time. The current owner has made significant dollar investments in this business from the day he bought it. You can take advantage of his investment with the remaining amount of amortization left to be depreciated. 7 Employees. Buyer will have to be approved by the Landlord for lease assignment. Being the only laundromat close by the UVic and Camosun, this location is unbeatable. Do NOT approach staff as they have no information. See 3D video online.

Title:
Leasehold 
Transaction Type:
For Sale 
Includes Building:
No 
Includes Business:
Yes 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets 
Possession:
TBA 
Possession Notes:
See Financing notes above. 
Taxes:
$1.00 (1) 
Year Built:
 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
Squeaky's Laundromat 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
 
Building Type:
Retail 
Accessibility:
 
Construction Foundation:
 
Exterior Finish:
 
Exterior Features:
 
Cooling:
 
Heat:
 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
Acres:
0.00 
Total SqFt:
1500 
Lot:
 
Lot Shape:
 
Lot Features:
Corner 
Lot Frontage:
 
Water:
City/Munic. 
Waste:
Sewer 
Parking:
 
Location Features:
Bus Service,High Traffic Area,Road: Paved,Sidewalk 

Strata Information

Complex:
 
Managed By:
Morguard Real Estate Investment Tru 
Monthly Assessment:
Shared Amenities:
 

Listed with:

Peter Crichton - DFH Real Estate Ltd.
Phone: (250) 889-4000 / Fax: (250) 477-3161

Jilly Yang - DFH Real Estate Ltd.
Phone: (250) 477-7291 / Fax: