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$274,900 total
1,124 SF
Asset Class
Industrial
Size
1,124 SF
Building class
A
Zoning
IM — Medium Industrial
$ / SF
$245
Occupancy
96%
Year Built
2020
Clear height
29 ft
Loading docks
11
Location, Location, Location! An excellent opportunity to own premium commercial warehouse space in the highly desirable Emerald Park industrial development, just 10 minutes from Regina! This well-designed 1,124 sq. ft. commercial condo features impressive high ceilings with the potential to add a second level or mezzanine for additional usable space. The unit includes a finished office area, a convenient 2-piece washroom, a 14' x 16' front overhead door, a 10' x 10' rear overhead door, 3 front parking stalls, and a 936 sq. ft. fenced rear compound. Additional highlights include three-phase power, fibre-optic/high-speed internet availability, durable steel-frame construction, and fully paved access throughout the development, including the parking areas and highway access. BONUS VALUE! The asking price includes a sea container currently located in front of the building, offering additional storage space or the opportunity for the purchaser to sell and remove it for potential cash value. This versatile property is ideal for trades, construction businesses, automotive-related operations, contractors, or businesses requiring functional shop and warehouse storage space. The established condo association and on-site property management provide added convenience with services including mailboxes, snow removal and sanding, landscaping, and garbage and recycling disposal. Whether you're an owner-operator looking to establish your business or an investor seeking a versatile commercial property, this is an opportunity you won't want to miss. Contact your REALTOR® today to schedule a private viewing! (id:66811)
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Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$2K
Cash-on-cash
2.34%
DSCR
1.13
Going-in cap
6.24%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 700 SF | 2032-12 |
| Blue Harbour Design | 400 SF | 2032-12 |
Trade area within 3 miles of the property.
Population
94,928
Households
34,981
Median income
$85,000
Median age
41.4
Daytime population
109,710
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 42 6 Ratner STREET, Edenwold Rm No.158.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.