$375,000
( )
 $2,013 est/mo Sourced by Back At You

104 Third Avenue,Watrous, SK S0K4T0

Watrous, SK S0K4T0

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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. (id:13843)

Details

MLS #SK049797
Listing TypeFor Sale
StatusActive
Days On Site25
Listing Provided ByRE/MAX Revolution Realty | Brent Haas

Features

Acreage0.24

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount4123
Tax Year2026

Area Information

ProvinceSK
CityWatrous
Postal CodeS0K4T0
Listing VS Median (in S0K4T0)
Price:
$375,000
low | high
Med:
$339,900
59.36% of Average
On site:
25
low | high
Med:
43
58.139534883721% of Average
Sourced by Back At You

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceSK
CityWatrous
Postal CodeS0K4T0
Listing VS Median (in S0K4T0)
Price:
$375,000
low | high
Med:
$339,900
59.36% of Average
On site:
25
low | high
Med:
43
58.139534883721% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $281K - $468K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
305 Main STREET Property Photo 1
$340,000
305 Main Street
Watrous, SK S0K4T0
Listing Updated: October 24, 2026 at 8:01:24 AM PDT

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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