UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,049 sqft
Price per Sqft $140
Subdivision Riversdale
MLS Listing ID SK035495
Year Built 1912
Lot Size 3,250 Sqft
Acres 0.074609734
Property Sub-Type Mixed Use
Source Saskatchewan
Property Description
Discover a rare high cash-flow investment opportunity located along a prime commercial corridor in Downtown Saskatoon. Zoned B5C Commercial and currently configured for residential rental use, this versatile property offers strong income potential with approximately $3,900/month in rental revenue.
The main floor features three rooms previously used for massage/therapy business purposes, plus an additional bedroom and a 3-pc bathroom — ideal for a home-based business setup, professional services, or flexible rental configurations.
The second floor offers a comfortable 3-bedroom residential living space complete with its own 3-pc bathroom, kitchen, living room, balcony access to the rear deck, and a separate rear entrance, making it well-suited for rental income or owner occupancy.
The flexible multi-room layout provides excellent functionality for investors, multi-tenant occupancy, or owner-users seeking mortgage support through supplemental rental income.
Recent improvements totaling approximately $50,000+ help reduce future maintenance concerns while enhancing the property's overall functionality and rental appeal.
Additional features include updated flooring and paint, multiple bedrooms and bathrooms, functional common areas, balcony and patio access, and a spacious heated drive-through garage/shop space measuring approximately 19' x 29' — ideal for storage, workshop use, or small business operations.
Situated in a high-exposure location with convenient access to major routes, commercial amenities, and transit, this property offers both immediate cash flow potential and long-term upside value. A unique opportunity for investors seeking strong returns and future flexibility in a commercially zoned property.
Buyers are advised to verify all measurements, zoning, and intended uses with the City of Saskatoon.
Location
Province SK
Community Riversdale
Interior
Heating Other
Others
Ownership Freehold
Virtual Tour https://youtu.be/7Kq9_v8bfQk
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