PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN LA RONGE Strong income-producing commercial property in La Ronge, Saskatchewan, offering an excellent opportunity for investors seeking a well-maintained asset with stable, long-term tenancy. The property features approximately 13,000 sq. ft. of leased retail space, occupied by a long-term tenant with a recently renewed 5-year lease, providing attractive income stability for the new owner. Situated on approximately 0.45 acres, the property offers a prominent retail storefront and is well maintained, making it an appealing addition to a commercial investment portfolio. Adding further upside, approximately 1,500 sq. ft. of additional space is currently available and features a separate entrance, providing an opportunity for the new owner to lease the space separately and generate additional income, subject to applicable zoning and tenant requirements. With a strong existing tenant, an attractive lease, additional leasable space, and a well-maintained building, this property presents a compelling combination of current cash flow and future income potential. (id:13843)
| MLS # | SK050612 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 1988 |
| Days On Site | 17 |
| Listing Provided By | Boyes Group Realty Inc. | Dustin Anderson |
| SQ Feet | 13,365 |
|---|---|
| Acreage | 0.45 |
| Heating | Furnace |
|---|---|
| Fireplace Yes / No | No |
| Tax Annual Amount | 12944 |
|---|---|
| Tax Year | 2026 |
| Province | SK |
|---|---|
| City | La Ronge |
| Postal Code | S0J1L0 |
| Listing VS Median (in S0J1L0) | |
Price: $1,350,000 low | high Med: $337,500 sqft: 13,365 low | high Med: 1,082 $ / sqft: $101 low | high Med: $313 On site: 17 low | high Med: 179 | |
| Province | SK |
|---|---|
| City | La Ronge |
| Postal Code | S0J1L0 |
| Listing VS Median (in S0J1L0) | |
Price: $1,350,000 low | high Med: $337,500 sqft: 13,365 low | high Med: 1,082 $ / sqft: $101 low | high Med: $313 On site: 17 low | high Med: 179 | |