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Location
Key Details
$735,000.00
Retail
6,781 SQ.FT
1989
Prince Albert
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.
Listing courtesy of Re/max P.a. Realty
More Info
City: Prince Albert
Square Footage: 6781
Year Built: 1989
Type: Retail
Amenities: Onsite Parking, Wheelchair Access, Highway Frontage
Heating: Roof Top H/vac
Land Size: 20661.00
Parking Facility: Yes
Total Acres: 0.4743
Listed By: Re/max P.a. Realty