Property Description

This unique opportunity offers two adjacent commercial properties in the heart of downtown Saskatoon. Situated on 4th Avenue North, a high-traffic area with excellent visibility, these properties are ideal for investors seeking a stable income stream and long-term appreciation potential.

The properties are currently occupied by a diverse group of tenants, ensuring a steady cash flow. Lease agreements are in place, offering security and stability for potential investors:

Sysco Saskatoon:
A leading global food service distribution company. This location is used as a test kitchen and office.

Arthur Rose Cleaners:
A well-established local business of 65 years, Arthur Rose Cleaners has been serving the community for decades. Their continued tenancy reflects their satisfaction with the location and reinforces the property’s value as a trusted commercial space

Shear Excellence:
Been in business since 1986. Saskatoon’s premier hair salon is dedicated to providing exceptional hair care service in the heart of downtown.

BUILDING SIZES
321 4th Ave N: 9,182 SF
323 4th Ave N: 2,000 SF

LAND SIZE
0.38 acres

SALE PRICE
$2,595,000

PARKING
13 vacant and 25 rented surface stalls

NOI (W/PARKING, IF FULLY LEASED)
Current: $174,887.00
Projected: $221,365.00
*More information available with the signing of a Confidentiality Agreement

PROPERTY TAXES
$45,578.50 (2025)

ZONING
B6 Downtown Commercial District

LEGAL DESCRIPTION
Parcels 120282487, 120282500, 120282533 & 120282465

323 4th Ave N, Saskatoon, SK

Investment Sale - Office/Retail

11,182 SF
$2,595,000
Listing ID #3212
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