Property Description

With a long-term tenant in place, this property is a great option for anyone looking for a smart investment.

The net operating income is currently $186,468.75 per annum, which will be increasing on September 2020 to $197,437.50. The tenant has two five-year renewal options.

202 Melville Street is to be sold exclusively as a portfolio package together with 837 50th Street East. Please contact agents for viewing.

 

BUILDING SIZE
14,625 SF

LAND SIZE
2.51 acres, 109,335.6 SF

SALE PRICE
$2,500,000 

PROPERTY TAXES
$29,568.21 (2019)

WAREHOUSE DETAILS
• (2) 16’ x 20’ doors
• (1) 10’ x 14’ door
• (1) 18’ x 14’ door
• Double girder bridge crane
• 24’ 11” ceiling height
• 600 Amp, 220-volt, 3-phase power
• Interceptor pit

OFFICE DETAILS
• 900 SF
• (3) offices
• Lunchroom
• Reception area
• Air conditioning

LAND DETAILS
• Fully-fenced and compacted gravel compound with weigh scale
• Ample on-site paved parking
• 24’ x 24’ detached garage
• Great location just off Circle Drive and Lorne Avenue

ZONING
IL1

LEGAL DESCRIPTION
Surface Parcels 119936481 & 135691780

POSSESSION
Immediate

    202 Melville St, Saskatoon, SK

    For Sale - CN Industrial

    14,625 SF
    $2,500,000
    Listing ID #1900
    John Kachur
    Stacy Dybvig
    Contact