Property
Type, style and structure
- Type
- other
- Style
- other / Detached
- Ownership
- Freehold
0.24 ac
Lot
Property Snapshot
Key details for this listing
MLS #SK049797
Lot
Land, frontage and setting
- Lot
- 0.24 ac - 0.24
Costs
Price, taxes and monthly charges
- List Price
- $375,000
About This Property
This other in Watrous offers a 0.24 ac lot. The property has lot dimensions of 0.24.
MLS Remarks
High-Yield Commercial Investment Opportunity | 9.85% Cap Rate , Red Apple Stores (Tenant) this stable commercial asset offers a combination of strong immediate returns and low-management oversight. Priced competitively at $375,000.00, this property delivers a robust, reliable cash flow from day one.Investment Highlights: A Net Operating Income (NOI) of $36,942.00 per year. Features 6,157 SQ FT of fully leased, establishing a secure corporate presence. The tenant is contractually responsible for 100% of property taxes, utilities, common area maintenance (CAM) including snow and landscaping, and routine HVAC servicing.The building is a steel structure that has been rem=novated in 2025 to accommodate the tenant's increased business. Protected Capital Structure.Whether you are looking to expand your existing commercial footprint or secure a high-yield, hands-off passive stream of income, this asset stands out in today's market.Unlock the Full Investment PackageTenant details, lease terms, and full underwriting documentation are strictly confidential. For deeper insight into this high-performing asset and to review the complete investment portfolio summary, contact your agent for more details. (id:60351)
Full Listing Details
Address104 third AVENUE
MLS#SK049797
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market26
Common InterestFreehold
Annual Tax$4,123 (2026)
StyleDetached
Building FeaturesStorefront
CityWatrous
ProvinceSaskatchewan
Postal CodeS0K4T0
Lot Size0.24 ac
Lot Dimensions0.24
Annual Tax$4,123 (2026)
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