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1401 2nd Avenue W Prince Albert, Saskatchewan S6V 5B3

6781 sqft

$735,000

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:27989)

Business

Business Type Retail and Wholesale
Business Sub Type General retail

Property Details

MLS® Number SK983698
Property Type Retail
Neigbourhood West Flat

Building

Constructed Date 1989
Size Exterior 6781 Sqft
Size Interior 6781 Sqft
Type Retail

Land

Acreage No
Size Irregular 20661.00
Size Total 20661 Sqft
Size Total Text 20661 Sqft

https://www.realtor.ca/real-estate/27418914/1401-2nd-avenue-w-prince-albert-west-flat

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Shendaia Benson
Salesperson

(306) 262-1115