Office Listings

1531 11th Avenue
Downtown District Regina S4P 0H3

$1,199,999
Commercial 6,705 sq. ft. built: 1928

Main Photo: 1531 11th Avenue in Regina: Downtown District Commercial for sale : MLS®# SK845077
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK845077
1531 11th Avenue offers a rare opportunity to own a mixed use building. This property has 5 x 1 bedroom apartments and 1 bachelor suite on 2nd floor that are currently all rented. The upstairs 6 apartment suites pay their own power utility. Vacancy rate historically have been very low and the current owners never have trouble renting out their suites. Main floor is about 70% leased currently with a 10 year lease Tenant who's on its 2nd year. As an added income producer the 10 parking spaces outside of the building are all currently rented out as well. This property is on a great corner location close to downtown and many amenities. Contact the listing agent today to get more information on this rare opportunity.
Listing Area:
Regina
Listing Subarea:
Downtown District
Property Type:
Commercial
Property Sub Type:
Mixed Use
Year built:
1928 (Age: 93)
Total Floor Area:
6,705 sq. ft.
Taxes:
$10,454 / 2020
Ownership Title:
Freehold
Elevator:
None
Assets Include:
Other (See Member Remarks)
Smoke Detector:
No
Sprinkler system:
No
Heating:
Other
Construction:
Mixed
Lot Size:
6,098.4 sq. ft.
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Listed by John Chung and Aideen Zareh of Royal LePage Regina Realty
Data was last updated October 24, 2021 at 01:35 PM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$366,000
Min list price:
$2,300
Max list price:
$5,990,000
Avg days on market:
107
Min days on market:
4
Max days on market:
348
Avg price per sq.ft.:
$178.21
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations.
SAMANTHA KNOLL
Samantha Knoll | REALTOR®
Cell: 306-596-1721
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
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