Courtesy of: Dustin Anderson, Associate Broker, Boyes Group Realty Inc.
Courtesy of: Dustin Anderson, Associate Broker, Boyes Group Realty Inc.
$1,350,000
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13,365 square feet
|
|
Retail
|
$1,350,000
1204 La Ronge AVENUE PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN LA RONGE Strong income-producing commercial property in La Ronge, Saskatchewan, offering an excellent opportunity for investors seeking a well-maintained asset with stable, long-term tenancy. The property features approximately 13, 000 sq. ft. of leased retail space, occupied by a long-term tenant with a recently renewed 5-year lease, providing attractive income stability for the new owner. Situated on approximately 0.45 acres, the property offers a prominent retail storefront and is well maintained, making it an appealing addition to a commercial investment portfolio. Adding further upside, approximately 1, 500 sq. ft. of additional space is currently available and features a separate entrance, providing an opportunity for the new owner to lease the space separately and generate additional income, subject to applicable zoning and tenant requirements. With a strong existing tenant, an attractive lease, additional leasable space, and a well-maintained building, this property presents a compelling combination of current cash flow and future income potential. (id:203)