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For Real Estate In Regina |
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This property is ideally suited for either an owner-occupier or an investor seeking a high-profile commercial asset. As the saying goes, location is everything, and with traffic volumes exceeding 50,000 vehicles per day, this property offers outstanding visibility and exposure—an invaluable advantage for virtually any business.
The well-maintained property consists of approximately 18,400 square feet across two adjoining buildings. It offers a versatile mix of spaces, including a large unit of over 6,000 square feet and several additional units ranging from 100 to 2,000 square feet, providing flexibility for a variety of commercial uses.
The property is currently 100% leased to established long-term tenants, many of whom have expressed an interest in remaining. On-site parking includes 24 dedicated stalls, complemented by an additional 12 street-front parking spaces. A major public transit stop is located less than 50 feet from the front entrance, providing convenient access from all areas of the city.
This is an exceptional opportunity to own commercial property in one of Regina's rapidly transforming districts. The property is directly across from The Yards redevelopment (formerly the Rail Yards) and the fully redeveloped former Superstore site, now home to a thriving mix of medical diagnostic, and professional offices.
Also nearby are the new The Keg Steakhouse + Bar and the Four Points by Sheraton Regina, further enhancing the area's continued growth and appeal.
The owner is retiring. Vendor financing may be available to qualified purchasers, subject to mutually acceptable terms and conditions.
Offered for sale by the owner.
Brokers protected.
Properties sold together - Asking: $1,900,000 (8% Cap Rate) |
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Jim Ritenburg Phone (306) 924-5700 Jim@TheRitz.ca |
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For Real Estate In Regina |
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1630 & 1640 Albert, Street
Exceptional Investment or
Owner-Occupier Opportunity |