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 N, Saskatoon, SK

    Industrial Sold

    4,500 SF
    Listing ID #2209
    John Kachur
    Contact