$699,000
FOR SALE

Commercial/Retail

1401 2nd Avenue W
Prince Albert, SK S6V 5B3 | Midtown

Prime commercial property in the heart of Prince Albert. Located on one of the city’s busiest streets, this high-traffic location sees 20,000 vehicles pass daily and has 90 feet of prime frontage, ensuring exceptional visibility. The property features a substantial 6,781 square foot building set on a 20,661 square foot lot, providing space and flexibility to suit a variety of business needs. Maximize income potential by leasing to multiple tenants or start your own business in one half while renting out the other. The building is designed for easy conversion into two large commercial units, with each side equipped with its own HVAC system, multi-stall restrooms, and separate entrances. A party wall is already in place, requiring only minimal finishing to fully divide the spaces, creating a seamless setup for dual occupancy. Additional features include a fully-equipped commercial kitchen, a spacious seating area, and a functional bar, making it an excellent choice for hospitality ventures. The large, paved parking lot provides ample customer parking and room for potential expansion or redevelopment, further enhancing the property’s value. Currently generating a gross income of $87,000 per year, the property is occupied by a tenant on a year-to-year lease, renewing in February 2026. With its high-traffic location, flexible layout, and income potential, this property is a rare investment opportunity in a rapidly growing commercial district. (id:47421)
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Listed By RE/MAX P.A. Realty
Data Provided By Saskatchewan REALTORS® Association
MLS® Listing Number SK998639
Last Updated Mar 14, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Use General Retail
Neighbourhood Midtown
Price History

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Detailed Information
Listing Contract Date 2025-03-12
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Business
Business Type Retail and Wholesale
Business Subtype General retail
Building
Constructed Date 1989
Size (Exterior) 6781 square feet
Type Retail
Land
Total Size 20661 square feet
Size of Irregular Land 20661.00

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