Property Description

Located on one of the most vibrant streets in downtown Saskatoon, among several entertainment options such as the Coors Event Centre, Scotiabank Theatre and many restaurants and lounges. 2nd Avenue South is a key downtown corridor between 21st St East and River Landing. Coupled with the announcement of the future downtown arena, make these ideal long-term assets. In addition, both properties had all base building elements upgraded prior to leasing to the current tenants.

Full brochure with lease details available with signed confidentiality agreement

BUILDING SIZES
245 2nd Ave S:
2,825 SF (full basement)
227 2nd Ave S:
Main floor – 2,825 SF
2nd floor – 2,500 SF
Total – 5,325 SF (full basement)

LISTING PRICE
$3,325,000

NOI
Currently $192,550.00; increasing to $198,284.75 July 1, 2023

TAXES (2022)
245 2nd Ave S: $14,390.57
227 2nd Ave S: $26,074.11

ZONING
B6

227 and 245 2nd Ave S, Saskatoon, SK

For Sale - Investment

$3,325,000
Listing ID #2763
Josh Walchuk B.COMM
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