1401 2nd Avenue W , Prince Albert, SK S6V5B3
Prince Albert, SK S6V5B3
Description
Prime commercial property in the heart of Prince Albert. Located on one of the city’s busiest streets, this high-traffic location benefits from 20,000 vehicles passing daily and 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 generous space and flexibility to suit a variety of business needs. Each side of the building is equipped with its own recently-installed HVAC system and multi-stall restrooms, allowing for seamless conversion into multiple units for increased income potential. The property includes a fully-equipped commercial kitchen, a spacious seating area, and a functional bar, making it ideal for hospitality ventures. Additionally, the large, paved parking lot provides ample customer parking and potential for further expansion or development, enhancing the property's value and functionality. With a current gross income of $84,000 per year, the property is occupied by a tenant on a year-to-year lease, renewing in February. Additionally, the tenant’s business is listed for sale, presenting a unique opportunity to acquire both the property and the existing business, facilitating a smooth transition for new ownership. This high-traffic, high-growth location delivers outstanding potential for a range of commercial uses, positioning it as a compelling investment opportunity. (id:13843)
Details
| MLS# | SK983698 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1989 |
| Days On Site | 120 |
| Listing Provided By | RE/MAX P.A. Realty | Shendaia Benson |
Features
| SQ Feet | 6,781 |
|---|---|
| Acreage | 20661.00 |
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Learn More About This Property
| State | SK |
|---|---|
| City | Prince Albert |
| Zip Code | S6V5B3 |
| Listing VS Median (in S6V5B3) | |
Price: $735,000 low | high Med: $467,450 SqFt: 6,781 low | high Med: 6,781 $ / SqFt: $108 low | high Med: $69 On Site: 120 low | high Med: 122.500000 | |
