Property Description

REAL ESTATE ONLY

This investment property is ideally located on Millar Avenue, one of the Saskatoon North Industrial area’s most high-traffic streets. In the heart of the industrial activity, the property has a long-term lease and is a great opportunity for an investor to own an income-producing property that will forever be recognized as a prime location.

*PLEASE ARRANGE VIEWING THROUGH LISTING AGENT

LAND SIZE
0.82 acres (±150’ front x ±238’ depth)

BUILDING SIZE
11,000 SF (footprint)

SALE PRICE
$1,848,000

TAXES
$28,563 (2021)

NOI
$110,000 (current: increases over a three-year term)

BUILDING DETAILS
• Pre-engineered steel construction with metal cladding and newly painted exterior
• (2) 16’ x 14’ OH doors; (1) 14’ x 12’ OH door
• Concrete slab with floor drain
• Main floor office area approx. 1,440 SF consists of :
– Open showroom
– Reception
– Two large private of f ices
– Shop office
– Two washrooms
• Mezzanine consist s of lunch room, washroom, boardroom and training area
• 7,000 SF warehouse portion w/approx 18’6” clear height under the truss, plus 3,000 SF addition w/approx 16’6” clear height under the truss
• 1,400 Amp, 3 -phase power
• Forced-air gas heat ; furnace and A/C in of f ice area

LAND DETAILS
Compacted, graveled and fenced compound

ZONING
IH (Heavy Industrial)

LEGAL DESCRIPTION
Parcel 118984056

POSSESSION
To be arranged

    3028 Millar Ave, Saskatoon, SK

    For Sale - Industrial

    11,000 SF
    $1,848,000
    Listing ID #2362
    John Kachur
    Contact