1202 22nd STREET W
Saskatoon, Saskatchewan
MLS® SK027036
$899,900
- Status
- Active
- Property type
- Business
- MLS® number
- SK027036
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2019
1 / 46Listing description
Investor Alert. Built in 2019 with an original construction cost of over $1M, this four-unit commercial property is offered below current replacement cost, delivering exceptional value without the risks or delays of new construction. This standalone commercial building offers approximately 3,800 sq.
ft. of modern space, configured into four separate units. Each unit has its own entrance and is independently metered with separate power and gas meters, providing excellent flexibility for investors and owner-users.
Main Floor: Two retail units, each approximately 902 sq. ft. , currently occupied by a pizza restaurant and a cell phone retail store.
Existing rents are below market value, offering clear upside potential. Second Floor: A 936 sq. ft.
office space, previously rented and operated as a clothing retail shop, and a 936 sq. ft. two-bedroom, one-bathroom residential unit.
Both upper-level units are currently vacant, allowing for immediate leasing or owner use. Located along high-traffic 22nd Street, this newer 2019-built property offers strong visibility, flexible unit configuration, and long-term income potential. Please do not approach tenants directly.
All showings by appointment only.
Property summary
- MLS® number
- SK027036
- Property type
- Business
- Square footage
- 3,800 sq ft
- Title
- Freehold
- Land size
- 7746 square feet
- Built in
- 2019
- Annual property taxes
- $13,740.00
- Days on market
- 220 days
Features & details
- Heating
- Furnace
What would this home cost you?
Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of L&T Realty Ltd., Saskatoon.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.