Property Description

This unique investment opportunity is situated in the heart of Main Street in the historical mining town of Flin Flon, Manitoba. Bordering Creighton, SK, the trading area for this northern-urban community encompasses approximately 5,000 residents. The property is leased primarily to national tenancies with terms in place.

The border City of Flin Flon is a unique northern-urban community. Over 70 years old, Flin Flon continues to be a community with character, quality of life, and opportunity. Flin Flon is a vacationer’s dream destination. Located north of the 54th parallel of latitude, the City of Flin Flon was built on old volcanic belt which is the source of the vast mineral deposits in Flin Flon. The City of Flin Flon can boast a wide array of amenities, such as The Flin Flon Tourist Park and Campground, Baker’s Narrows Provincial Park, a number of fine restaurants, nightspots, scenic trails, boardwalk, golf course, and lakes. Flin Flon is in close proximity to the Saskatchewan communities of Creighton and Denare Beach, all of which are located within a 20 km area.

BUILDING SIZE
±25,220 SF

LAND SIZE
0.61 acres

SALE PRICE
$895,000

PROPERTY TAXES
$28,120 (2019)

NET OPERATING INCOME
$118,094.14

PARKING
±9,800 SF developed parking lot at south end of property for customer and employee parking

SITE DETAILS
• ±16,587 SF footprint, the northerly portion of the building includes ±8,633 SF second floor and ±8,633 SF lower level
• Permitted uses for this zoning include retail, office, hospitality, medical, entertainment, and restaurants. Located across from Kinsmen Park

TENANT MIX
• Red Apple, 11,700 SF main floor
• Bank of Nova Scotia, 3,606 SF main floor
• Sal’s Fitness, 4,000 SF second floor

ZONING
C2

LEGAL DESCRIPTION
Lot 27, Block 6, Plan 591 PLTO (N DIV) in 6-67-29 WPM, sly 18.65 feet perp of Lot 26 Block 6 Plan 591 PLTO (N DIV) in 6-67-29 WPM, Lots 24-26, Block 6, Plan 591 PLTO (N DIV) in 6-67-29 WMP exc firstly out of Lot 26 the sly 18.65 feet perp, Lots 20-23, Block 6, Plan 591 PLTO (N DIV) in 6-67-29 WPM

POSSESSION
To be arranged

    57-77 Main St, Flin Flon, MB

    For Sale - Retail Investment Opportunity

    25,220 SF
    $895,000
    Listing ID #1450
    Barry Stuart
    Kelly Macsymic B.ED
    Contact