CASKReginaTransition Area2216 Lorne Street

2216 Lorne Street, Regina, SK

Name: 2216 Lorne Street, For Sale in Regina - Zoocasa
Brand: Century 21 Dome Realty Inc.
SKU: SK043631
Price: 799900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$799,900

266

MLS® SK043631

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 4907 sqft

Garage

Taxes $6,761

Days Active 89

Lot Size 0.14 Acres

Approx. Age 1939

Avg. Price Per Sqft $163

MLS® Number SK043631

Property Address: 2216 Lorne Street, Regina, SK, S4P2M7

Average square foot calculated using Size range provided by listing agent.

Description

• MIXED-USE OPPORTUNITY • 3 CONDO-TITLED LEVELS • 6-7 POTENTIAL UNITS • PRIME CENTRE SQUARE LOCATION • FLEXIBLE ZONING • AMPLE PARKING • Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to College Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you’re envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors’ assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired.

MLS® NumberSK043631

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1939

BasementFull, Finished

DrivewayAsphalt, Parking Spaces

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Rooms

Change to metres

Kitchen:Third Floor24 × 12.5 ft

Office:Main Floorx 12.00

Other:BasementNot available

Bedroom 1:Main FloorNot available

Great Room:BasementNot available

Map

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