UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,365 sqft
Price per Sqft $101
MLS Listing ID SK050612
Year Built 1988
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Retail
Source Saskatchewan
Property Description
Strong income-producing commercial property in La Ronge, Saskatchewan, offering an excellent opportunity for investors seeking a well-maintained asset with stable, long-term tenancy. The property features approximately 13,000 sq. ft. of leased retail space, occupied by a long-term tenant with a recently renewed 5-year lease, providing attractive income stability for the new owner. Situated on approximately 0.45 acres, the property offers a prominent retail storefront and is well maintained, making it an appealing addition to a commercial investment portfolio. Adding further upside, approximately 1,500 sq. ft. of additional space is currently available and features a separate entrance, providing an opportunity for the new owner to lease the space separately and generate additional income, subject to applicable zoning and tenant requirements. With a strong existing tenant, an attractive lease, additional leasable space, and a well-maintained building, this property presents a compelling combination of current cash flow and future income potential.
Location
Province SK
Interior
Heating Floor Model Furnace, Overhead Unit Heater, Roof Top H/Vac
Exterior
Amenities Available Onsite Parking, Store Front
Others
Ownership Freehold
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