Property Description

These properties, situated on the corner of Avenue D and 20th Street, have been a welcomed addition to the vibrant Riversdale community. Exterior makeovers include a feature mural on the corner property as well as a backyard outdoor deck which can be utilized to attract and keep a variety of tenants. There has been a significant investment in tenant improvements, new or upgraded HVAC, plumbing, electrical and windows. This passive and trouble-free investment has great tenants with solid covenant.

LAND SIZE
6,500 SF (50’ x 130’)

RENTABLE AREA
6,100 SF

ASKING PRICE
$1,675,000

INCOME PROJECTION
• $105,000 (2020)
• $106,500 (2021)

PROPERTY TAX
$11,358.90 (2020)

BUILDING DETAILS
341 20th Street West
• Concrete slab on grade, masonry walls, steel trusses/deck
• Total 2,600 SF at grade plus 1,000 SF basement
• Tenant: CREW Rowhouse

343 20th Street West
• Concrete foundation, masonry walls, wood floor/roof
• Total 3,500 SF (70’ x 25’ x 2 storeys) plus 1,750 SF basement
• Complete interior renovations in 2017/18 incl new water/sewer connections
• Tenants: SOCA Salon, Rock & Bloom

ZONING
B5C

LEGAL DESCRIPTION
Parcels 119861534 & 119863682

POSSESSION
To be arranged

    341 20th St W, Saskatoon, SK

    For Sale - Riversdale Investment

    9,600 SF
    $1,675,000
    Listing ID #2082
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