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7,800 ft²
Office / Retail / Multifamily
$589,000
Sale



THIS BUILDING IS ONE OF THREE INDIVIDUAL PROPERTIES INCLUDED IN AN INVESTMENT PORTFOLIO. PLEASE SEE ATTACHED PDF FOR DETAILS. The historic McDonald building is located in the heart of Prince Albert and features main floor retail space, 2nd floor office space, and four residential units on the third floor (including three one-bedroom suites and one bachelor suite). Located kitty corner from City Hall, and across from the New U of S campus.


The Space
Asking Price$589,000
Available Space7,800 ft²
Property UseInvestment property
Taxes$4,907/yr
Net Operating Income$44,554/yr

The Building - McDonald Building

SALE PRICE $589,000 TAXES $4,907.20 (2019) YEAR BUILT 1912 BUILDING SIZE ±7,800 SF (plus basement) BUILDING DETAILS 3 storeys LAND SIZE 0.06 acres / 2,613 SF CURRENT NOI $44,554 ($77,554 potential income) TENANTS Main Floor Lac la Ronge Gallery: Lease expires Aug 31, 2020 Main Floor Unit 2: Gov’t Sask Outreach Lease expires April 2022 2nd Floor vacant 3rd Floor Four fully-leased suites (one-year leases) LEGAL DESCRIPTION Surface Parcel 134126917 ZONING C1 Commercial

Property TypeOffice / Retail / Multifamily
Floors3
Building Size7,800 ft²
Lot Size2,613 ft²