SK > Prince Albert > Midtown
Prince Albert, SK S6V 5B3,1401 2nd AVENUE W
Prince Albert, SK S6V 5B3,1401 2nd AVENUE W
Prince Albert, SK S6V 5B3,1401 2nd AVENUE W
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Listed by Shendaia Benson • RE/MAX P.A. Realty
$699,000
Est. payment /mo
6,781 SqFt
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UPDATED:

03/13/2025 10:17 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,781 sqft

Price per Sqft $103

Subdivision Midtown

MLS Listing ID SK998639

Originating Board Saskatchewan

Year Built 1989

Lot Size 0.474 Acres

Acres 0.4743113

Property Sub-Type Retail

Property Description

Prime commercial property in the heart of Prince Albert. Located on one of the city's busiest streets, this high-traffic location sees 20,000 vehicles pass daily and has 90 feet of prime frontage, ensuring exceptional visibility. The property features a substantial 6,781 square foot building set on a 20,661 square foot lot, providing space and flexibility to suit a variety of business needs. Maximize income potential by leasing to multiple tenants or start your own business in one half while renting out the other. The building is designed for easy conversion into two large commercial units, with each side equipped with its own HVAC system, multi-stall restrooms, and separate entrances. A party wall is already in place, requiring only minimal finishing to fully divide the spaces, creating a seamless setup for dual occupancy. Additional features include a fully-equipped commercial kitchen, a spacious seating area, and a functional bar, making it an excellent choice for hospitality ventures. The large, paved parking lot provides ample customer parking and room for potential expansion or redevelopment, further enhancing the property's value. Currently generating a gross income of $87,000 per year, the property is occupied by a tenant on a year-to-year lease, renewing in February 2026. With its high-traffic location, flexible layout, and income potential, this property is a rare investment opportunity in a rapidly growing commercial district.

Location

Province SK

Community Midtown

Interior

Heating Roof Top H/Vac

Exterior

Amenities Available Onsite Parking, Highway Frontage

Building

Structure Type Concrete

Others

Ownership Freehold

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1401 2nd AVENUE W

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