CASKSaskatoonVarsity View1304/1308/1312 Main Street

1304/1308/1312 Main Street, Saskatoon, SK

Name: 1304/1308/1312 Main Street, For Sale in Saskatoon - Zoocasa
Brand: RE/MAX Saskatoon
SKU: SK050259
Price: 1965600 CAD

Real Estate

For Sale

Listed price in listed location currency (CAD).

$1,965,600

000

MLS® SK050259

Overview

Key Facts

Type Commercial Land

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $14,052

Days Active 20

Approx. Age

MLS® Number SK050259

Property Address: 1304/1308/1312 Main Street, Saskatoon, SK, S7H0L4

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

Description

LAND ASSEMBLY FOR MULTI-FAMILY INFILL DEVELOPMENT Rare opportunity to acquire a three-property land assembly at 1304, 1308 & 1312 Main Street, Saskatoon, offering approximately 21, 840 SF of combined land area and 156 feet of Main Street frontage. The assembled site presents an exceptional opportunity for multi-family infill residential development within an established Saskatoon neighbourhood. The properties are located within the 8th Street Corridor Residential area, providing potential for multi-unit residential development with an allowable building height of up to 4 storeys (15 metres). All three properties include fully leased, quality existing rental homes. The homes have benefited from recent upgrades and improvements and provide established, desirable rental accommodation. The properties currently generate approximately $90, 600 in gross annual rental revenue, providing strong holding income while the purchaser plans and pursues future development of the assembled site. The substantial 156 feet of Main Street frontage and approximately 21, 840 SF of combined land area provide flexibility for a variety of multi-family development concepts. This offering provides the unique opportunity to acquire a well-maintained, income-producing residential asset with six existing rental tenancies and significant future development potential. A quality opportunity for multi-family developers, investors and long-term land bankers seeking an income-producing property with redevelopment upside in an established Saskatoon location.

MLS® NumberSK050259

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Extras

Map

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