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Home SK Greater Regina Division No. 6 Pilot Butte
1010 Butte STREET
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1010 Butte STREET $1,299,000
Conditionally Sold
$1,299,000
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1010 Butte STREET
Pilot Butte, Saskatchewan S0G3Z0

MLS® Number: SK011013

Listing Description

Discover an exceptional investment opportunity at 1010 Butter Street, where immediate cash flow meets long-term growth potential. This meticulously maintained 7,200 square foot commercial building sits on an expansive 2-acre parcel, offering an impressive land-to-building ratio rarely found in today's market. Built for durability and minimal maintenance, the property features premium steel siding and roofing, significantly reducing ongoing maintenance costs while providing excellent protection against the elements. The fenced compound adds an additional layer of security that current tenants value highly. What truly sets this investment apart is its established income stream. Three long-term tenants currently occupy the space, eliminating the vacancy concerns and startup costs typically associated with new commercial acquisitions. This stable tenant base delivers consistent monthly income with minimal management requirements. From a financial perspective, this property shines with a projected 7.4% capitalization rate.For investors seeking passive income without the headaches of tenant acquisition and property rehabilitation, this turnkey opportunity deserves serious consideration. The strategic location offers excellent visibility and accessibility, further enhancing the property's long-term value proposition and tenant retention capabilities. Don't miss this opportunity to add a performing commercial asset to your investment portfolio. (28544706)

Property Summary

Property Type
Industrial
Building Type
Warehouse
Title
Freehold
Land Size
2 ac
Annual Property Taxes
$5,433
Time on REALTOR.ca
172 days

Building

Building Features
Other Style
Distribution
Heating & Cooling
Heating Type
Hot Water
Business
Business Type
Industrial (Warehouse)

Measurements

Square Footage
7200 sqft
Exterior Building Size
7200 sqft
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Shaheen Zareh