UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,206 sqft
Price per Sqft $134
MLS Listing ID SK050359
HOA Fees $2,100/mo
HOA Y/N Yes
Year Built 1989
Annual Tax Amount $3,982
Tax Year 2026
Property Sub-Type Office
Property Description
Excellent commercial investment opportunity in the heart of Fort Qu'Appelle! Located on Broadway Street, the community's main commercial corridor, this versatile property offers approximately 2,206 sq. ft. with a combination of existing rental income and additional income potential.
The rear portion of the building is currently rented to three tenants, who have direct access to their respective area through the rear entrance. These units currently generate a combined rental income of $1,020 per month, providing immediate revenue for a new owner.
The front office area is presently vacant, creating an opportunity for an owner-user or an additional tenant. Some of the furnishings and office equipement will be included with the sale. Estimated rental potential for the front space is approximately $650 per month. If fully rented at these amounts, the property could generate approximately $1,670 per month or $20,040 annually in gross rental income.
Originally constructed in 1989, the single-storey commercial building features concrete-frame construction, forced-air heating and central air conditioning. The layout provides flexibility for a variety of commercial uses, with office, open work areas, washroom and supporting space.
With its Broadway Street location, existing tenants, separate rear access and additional rental potential, this property could be an attractive option for an investor or an owner looking to operate their own business from the front while benefiting from rental income at the rear.
A great opportunity to own an income-producing commercial property in Fort Qu'Appelle with room to increase revenue.
Location
Province SK
Area Fort Qu'Appelle
Interior
Heating Rooftop
Inclusions Fixtures, Leasehold Improvements, Parking
Fireplace No
Exterior
Parking Features On Site
Total Parking Spaces 2
Building
Lot Description Sprinklers None
Dwelling Type Low Rise
Unit Floor 1
Others
Pets Allowed No
HOA Fee Include Insurance,Water
Ownership Condominium
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