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In-PersonVirtual Tour
$ 99,900
Est. payment | /mo
1,147 SqFt
$ 99,900
Est. payment | /mo
1,147 SqFt
Key Details
Property Type Commercial
Sub Type Other (See Member Only Remarks)
Listing Status Active
Purchase Type For Sale
Square Footage 1,147 sqft
Price per Sqft $87
MLS Listing ID SK016707
Year Built 1969
Annual Tax Amount $2,021
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Other (See Member Only Remarks)
Source Saskatchewan
Property Description
24 MAIN ST. LUCKY LAKE, SK – An excellent investment opportunity awaits in the welcoming community of Lucky Lake! This well-maintained commercial property, built in 1969 and zoned C1, offers 1,147 sq ft of functional space on a 0.16-acre lot with 54 ft of frontage. The building has been under long-term lease with Canada Post, providing approximately $25,000 per year in secure rental income, with a new 5-year lease signed in 2024 ensuring a strong national tenant is in place. Over the years, important updates have been completed including a new roof (2013), gas furnace (2014), updated lighting throughout (2015), automatic doors and new counters (2021), a new sewer line (2022), and central air conditioning added in 2024. Operating expenses average approx $12,000 annually and property taxes for 2025 are $2,021, making this an affordable and reliable income producer. Additional features include wheelchair accessibility, onsite and street parking, and a durable metal roof. With excellent exposure in Lucky Lake's commercial district and the peace of mind that comes with a national tenant, this property represents a solid, long-term investment - call today for more details!
Location
Province SK
Interior
Heating Air Conditioning, Floor Model Furnace
Cooling Air Conditioning, Floor Model Furnace
Exterior
Garage Spaces 3.0
Amenities Available Onsite Parking, Store Front
Total Parking Spaces 3
Building
Structure Type Indeterminable
Others
Ownership Freehold
Virtual Tour https://youtu.be/TJryYwxzU9Q
Listed by Royal LePage Varsity