INVESTMENT OPPORTUNITY – FULLY-LEASED RETAIL STRIP CENTRE

Positioned in Regina’s established Warehouse District, 1815 7th Avenue presents an excellent opportunity to acquire a fully leased retail strip centre with stable income and long-term tenancy. The property consists of approximately 12,572 square feet, including three retail units and a partial basement, constructed with durable concrete block and stucco.

BUILDING SIZE
±12,572 SF (±12,075 rentable SF + partial basement)

SITE AREA
0.39 acres (±16,925 SF)

SALE PRICE
$1,850,000.00

PROPERTY TAXES
$28,945.88 (est. 2026)

TENANCY
Royal Sports: ±9,275 SF
Occupying Units 1805 and 1815, lease term until March 31, 2035, plus a 5-year renewal option.
Recently renewed with a 10-year lease extension to 2035, plus a 5-year renewal option. Space includes open retail areas, storage, staff areas, and rear loading with warehouse functionality.

Readiness Fitness: ±2,500 SF
Occupying Unit 1835, term extends until December 31, 2028, plus a 5-year renewal option.
Fitness studio and allied health provider with lease secured through 2028. Improvements include training areas, treatment rooms, change rooms with showers, and basement space for yoga and staff use.

LOCATION
The property benefits from steady traffic exposure, with vehicle counts ranging from approximately 3,000 to 9,700 vehicles per day along surrounding roadways, and convenient access to Regina’s downtown core and major arterial routes.

RECENT CAPITAL IMPROVEMENTS
• Exterior stucco (2012)
• Roof and insulation replacement (2016)
• New glazing and entrance upgrades (2016)
• Water and sewer line replacement (2017)
• Asphalt parking lot & drainage improvements (2017)

BUILDING FEATURES
• Constructed in 1961 with numerous upgrades
• Concrete block construction with stucco exterior
• 400 Amp electrical service
• Two (2) grade-level overhead doors (12’ x 14’) with electric lifts
• Rooftop HVAC systems serving tenant spaces
• Tar and gravel roof over wood deck and steel joists
• Dual-glazed metal frame windows
• Partial basement with additional usable space

PARKING
• Street parking along 7th Avenue and Rose Street
• 10 paved stalls at rear and side of building
• Rear lane access

ZONING
MH – Mixed High-Rise