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Location
Key Details
$99,900.00
Other (see Member Only Remarks)
1969
Lucky Lake
Description
24 MAIN ST. LUCKY LAKE, SK – An excellent investment opportunity awaits in the welcoming community of Lucky Lake! This well-maintained commercial property, built in 1969 and zoned C1, offers 1,147 sq ft of functional space on a 0.16-acre lot with 54 ft of frontage. The building has been under long-term lease with Canada Post, providing approximately $25,000 per year in secure rental income, with a new 5-year lease signed in 2024 ensuring a strong national tenant is in place. Over the years, important updates have been completed including a new roof (2013), gas furnace (2014), updated lighting throughout (2015), automatic doors and new counters (2021), a new sewer line (2022), and central air conditioning added in 2024. Operating expenses average approx $12,000 annually and property taxes for 2025 are $2,021, making this an affordable and reliable income producer. Additional features include wheelchair accessibility, onsite and street parking, and a durable metal roof. With excellent exposure in Lucky Lake's commercial district and the peace of mind that comes with a national tenant, this property represents a solid, long-term investment - call today for more details!
Listing courtesy of Royal Lepage Varsity
More Info
City: Lucky Lake
Year Built: 1969
Type: Other (see Member Only Remarks)
Amenities: Onsite Parking, Store Front
Heating: Air Conditioning, Floor Model Furnace
Land Size: 0.16
Parking Facility: Yes
Smoke Detectors: Yes
Total Acres: 0.1600
Sale Type: Assets
Listed By: Royal Lepage Varsity