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209 Corman St Warman, Saskatchewan S0K 4S0

12240 sqft
Overhead Heaters

$1,290,000

209 Corman Street has 3 structures , two of the structures have a total 54 unit rental pods and a stand alone 1500 sq. ft. heated shop that leases out for $2100.00 a month. There are 27 units 9 x 20 that rent for $140.00, 7 units that are 10 x 18 rent for $140.00, 15 units that are 10 x 20 rent for $150.00, 5 units that are 10 x 22 rent for $160.00. Insurance is $5892.00 , Snow removal $1934.00 , Property taxes $10683.00 . Minimal vacancies , Compound is fully chain link fenced with locked main gates that each tenant gets a master key. There is additional room to add more units , all structures are metal clad. We have contracts in place for every tenant are set up on auto debit. Land is 147 x 288. One of the owners received $1000.00 a month to look after this complex. We have a satisfactory environmental dated September 2015 , the shop tenant has a 2 year lease in place . The shop was constructed in 2004 , the east bank of units in 2007 and the middle bank in 2011 . There are long term tenants dating back to 2007 . Next increase is set for August 1st $6480.00 ($10.00 a unit) The name can or would go along with the sale . All tenants are signed under a contract and as well would be included . Everyone is on auto debt . (id:27989)

Property Details

MLS® Number SK871313
Property Type Business

Building

Constructed Date 2004
Heating Type Overhead Heaters
Size Exterior 12240 Sqft
Size Interior 12240 Sqft

Land

Acreage No
Size Frontage 147 Ft
Size Irregular 42288
Size Total 42288 Sqft
Size Total Text 42288 Sqft

https://www.realtor.ca/real-estate/23665575/209-corman-st-warman

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William (Bill) Spezowka
Salesperson

(306) 220-7400