6
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$375,000
Est. payment /mo
6,157 SqFt
Active
104 third AVE Watrous, SK S0K 4T0
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,157 sqft
Price per Sqft $60
MLS Listing ID SK049797
HOA Y/N No
Annual Tax Amount $4,123
Tax Year 2026
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Other
Property Description
High-Yield Commercial Investment Opportunity | 9.85% Cap Rate , Red Apple Stores (Tenant) this stable commercial asset offers a combination of strong immediate returns and low-management oversight. Priced competitively at $375,000.00, this property delivers a robust, reliable cash flow from day one.Investment Highlights: A Net Operating Income (NOI) of $36,942.00 per year. Features 6,157 SQ FT of fully leased, establishing a secure corporate presence. The tenant is contractually responsible for 100% of property taxes, utilities, common area maintenance (CAM) including snow and landscaping, and routine HVAC servicing.The building is a steel structure that has been rem=novated in 2025 to accommodate the tenant's increased business. Protected Capital Structure.Whether you are looking to expand your existing commercial footprint or secure a high-yield, hands-off passive stream of income, this asset stands out in today's market.Unlock the Full Investment PackageTenant details, lease terms, and full underwriting documentation are strictly confidential. For deeper insight into this high-performing asset and to review the complete investment portfolio summary, contact your agent for more details.
Location
Province SK
Area Watrous
Interior
Heating Rooftop
Inclusions Fixtures, Leasehold Improvements, Other (See Member Remarks)
Fireplace No
Building
Lot Description Sprinklers None
Others
Pets Allowed No
Ownership Freehold
Security Features Smoke Detector(s),Security System Owned
Listed byRE/MAX Revolution Realty
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