FOR SALE - 10% Cap REVENUE PROPERTY LEASED UNTIL 2022 - $800,000

$800,000.00

Description

FOR SALE - STRONG REVENUE PROPERTY WITH LONG TERM LEASES UNTIL 2022 - Asking $800,000 2 buildings in DT Prince Albert Fully Leased with 10% Cap. Rate 1103 CENTRAL AVE PA SK (BUILDING 1) 1105 CENTRAL AVE PA SK (BUILDING 2) 2 adjacent fully leased commerical buildings for sale in downtown Prince Albert. Quality long term tenants with an excelllent 10% return on your investment. All Commercial Leases 3-5 year terms. Residential leases 1 year fixed terms. The historic McDonald building is located in the heart of Prince Albert and features four residential units on the third floor including three one-bedroom suites and one bachelor suite. Located kitty corner from City Hall and just blocks from the river, this gem has great profile. This beautiful, brick single-tenant building in the heart of Prince Albert is leased until 2022. Prince Albert is the third largest City in Saskatchewan and the gateway to the North. The building is occupied by the Skin Junkies Tattoo/Body Piercing. Conveniently situated across the street from City Hall, the location offers excellent access and visibility. Revenue producing over $8,500.00 of gross monthly income. For More information please call Matt Dorling at 306-634-2000 BUILDING SIZE approximately 7,800 SF plus a partially-finished basement BUILDING PARTICULARS 3 storeys POSSESSION Immediate TOTAL NOI $81,820.25/yr TOTAL ASKING PRICE $800,000 Call: 306-634-2000 for more info

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Ad ID : 6191
2 days, 4 hours ago
500 Views

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306-634-2000
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