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Listed price in listed location currency (CAD).
$375,000

000

MLS® SK049797

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $4,123
Days Active 26
Lot Size 0.24 Acres
Approx. Age 
MLS® Number SK049797

Property Address: 104 Third Avenue, Watrous, SK, S0K4T0

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

Description

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.
MLS® NumberSK049797
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatRooftop
A/C

Extras

Fixtures, Leasehold Improvements, Other (See Member Remarks)

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