I have listed a new property at 1202 22nd ST W in Saskatoon. See details here
Investor Alert. Built in 2019 with an original construction cost of over $1M, this four-unit commercial property is offered below current replacement cost, delivering exceptional value without the risks or delays of new construction. This standalone commercial building offers approximately 3,800 sq. ft. of modern space, configured into four separate units. Each unit has its own entrance and is independently metered with separate power and gas meters, providing excellent flexibility for investors and owner-users. Main Floor: Two retail units, each approximately 902 sq. ft., currently occupied by a pizza restaurant and a cell phone retail store. Existing rents are below market value, offering clear upside potential. Second Floor: A 936 sq. ft. office space, previously rented and operated as a clothing retail shop, and a 936 sq. ft. two-bedroom, one-bathroom residential unit. Both upper-level units are currently vacant, allowing for immediate leasing or owner use. Located along high-traffic 22nd Street, this newer 2019-built property offers strong visibility, flexible unit configuration, and long-term income potential. Please do not approach tenants directly. All showings by appointment only.