Property Description

This is a great option for any investor looking for a quality, low-risk, income-producing property. The current National tenant has occupied the building since 2011 and utilizes the building for warehousing, sales and distribution. The real estate is easily accessible for distribution due to its corner lot location, has over 16% site coverage with a gravel, compacted and fenced yard, and can easily be used for various other industrial purposes with the IH zoning.

BUILDING SIZE
±7,500 SF (75 X 100 FT)

LAND SIZE
1.04 acres, (45,302.4 SF)

SALE PRICE
$998,500.00

TAXES
$19,072.73 (2020)

NOI
$52,500 annual income

LAND DETAILS
• Corner lot of Miners Avenue and 58th Street East
• Graveled and fenced compound

BUILDING DETAILS
• Pre-engineered, steel-framed office/warehouse building
• 20 FT sidewall height
• (1) dock door with load leveller
• (1) 16 FT H X 12 FT W grade door
• 200 Amp, 3-phase power
• Forced-air unit heaters

YEAR BUILT
1981

ZONING
IH

LEGAL DESCRIPTION
Surface Parcel 118982762

POSSESSION
Immediate

    803 58th St E, Saskatoon, SK

    For Sale - Investment Property

    7,500 SF
    $998,500
    Listing ID #2068
    Barry Stuart
    Contact