1204 La Ronge Avenue La Ronge, Saskatchewan S0J 1L0

13,365 ft2
Furnace

$1,350,000

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:62370)

Business

Business Type Retail and Wholesale
Business Sub Type General retail

Property Details

MLS® Number SK050612
Property Type Retail

Building

Amenities Storefront
Constructed Date 1988
Heating Type Furnace
Size Exterior 13365 Sqft
Size Interior 13,365 Ft2
Type Retail

Land

Acreage No
Size Frontage 140 Ft
Size Irregular 0.45
Size Total 0.45 Ac
Size Total Text 0.45 Ac
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