Property Description

This property is ideally located in the heart of Saskatoon’s industrial activity. Currently occupied by two long-standing tenants, this building is fully leased. The building can be easily demised for up to three separate tenants of 1,500 SF each. A tremendous opportunity for an investor to get into a low-risk property in the strong Saskatoon market.

AVAILABLE FOR SALE
4,500 SF

LAND DETAILS
• 0.26 acres
• Graveled rear compound

SALE PRICE
$789,000.00

PROPERTY TAXES
$9,127.00 (2020)

NOI
$43,500.00 (Effective May 1, 2021)

BUILDING DETAILS
• Concrete block construction
• Can be demised into three 1,500 SF units; currently occupied with two tenants (1,500 SF and 3,000 SF)

ZONING
IL1 (Light Industrial)

LEGAL DESCRIPTION
Surface Parcel 118987688

POSSESSION
Immediate

526 45th St E, Saskatoon, SK

Industrial Sold

4,500 SF
Listing ID #2209
Attachments
John Kachur
Contact