2216 Lorne STREET, Regina, SK S4P 2M7
2216 Lorne STREET, Regina, SK S4P 2M7
2216 Lorne STREET, Regina, SK S4P 2M7
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Listed by Adrienne Heron • Century 21 Dome Realty Inc.
$799,900
Est. payment /mo
2 Beds
6 Baths
4,907 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,907 sqft

Price per Sqft $163

Subdivision Transition Area

MLS Listing ID SK043631

Style 2 ½ Storey

Bedrooms 2

Year Built 1939

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Detached

Source Saskatchewan

Property Description

• MIXED-USE OPPORTUNITY • 3 CONDO-TITLED LEVELS • 6-7 POTENTIAL UNITS • PRIME CENTRE SQUARE LOCATION • FLEXIBLE ZONING • AMPLE PARKING • Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to College Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you're envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors' assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired.

Location

Province SK

Community Transition Area

Rooms

Basement Full Basement, Fully Finished

Kitchen 5

Interior

Interior Features Air Conditioner (Central)

Hot Water Gas

Heating Forced Air, Natural Gas

Appliance Dishwasher Built In, Dryer, Fridge, Stove, Washer, Window Treatment

Exterior

Exterior Feature Brick, Stucco

Parking Features Parking Spaces

Garage Spaces 6.0

Amenities Available Wheelchair Access

Roof Type Asphalt Shingles

Total Parking Spaces 6

Building

Lot Description Irregular

Others

Ownership Condominium


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2216 Lorne STREET

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