Property Description

This ±2,500 SF commercial condo presents an excellent investment opportunity with the current owner prepared to do a 10-year leaseback, with their food packaging and consulting businesses on site. The unit features approximately ±1,250 SF of well-appointed office on main floor and ±1,250 SF of warehouse. Additionally  this unit comes with ±1,250 SF of second floor office space, providing functional and efficient layout flexibility. The property includes a secure compound, is fully code compliant, and has been well maintained for food-related operations. Ideal for investors seeking stable, long-term income backed by an established tenant.

VENDOR LEASE BACK TERMS:
Owner will sign up to a 10-year lease at $54,540 NET annually
• $16.00 PSF net on main floor ±2,500 SF plus $11.65 PSF net on second floor ±1,250 SF
• Tenant to pay for all occupancy costs, condo fees and utilities
• All terms to be finalized upon an accepted offer to purchase

AVAILABLE FOR SALE
Unit 5: ±3,750 SF Total  2,500 SF footprint plus ±1,250 SF 2nd floor office)

SALE PRICE
$900,000

CONDO FEES & OCCUPANCY COSTS
$525 per month

PROPERTY TAXES
$9,995.99 (2026)

BUILDING DETAILS
±2,500 SF foot print
1) ±1,250 SF main floor office:
– Reception
– (2) offices
– (1) boardroom
– 1 storage room
– Washroom
– Mechanical room

2) ±1,250 SF 2nd floor office:
– (4) offices
– (1) boardroom
– Washroom with shower

3) Warehouse:
±1,250 SF
– 12 FT x 14 FT OH grade door
– 22 FT clear ceiling height

• 3-phase power
• 2-stage interceptor pit
• Fire sprinkler system

LAND DETAILS
2,500 SF compacted gravel rear compound, fenced and gated

ZONING
IL1 Light Industrial

LEGAL DESCRIPTION
Unit #5
Condo Plan 102048825
Condominium Parcel 165150446

POSSESSION
Immediate

3603 Kochar Ave, Saskatoon, SK

Investment Sale - Industrial

3,750 SF
$900,000
Listing ID #3626
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