For Sale · Specialty

636 Victoria AVENUE, Regina

636 Victoria AVENUE, Regina, SK S4N0R1

$349,000 total

1,200 SF

Asset Class

Specialty

Size

1,200 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$291

Occupancy

84%

Year Built

1947

Lot Size

0.07745638200183655 ac

About this property

PRIME COMMERCIAL PROPERTY – 636 VICTORIA AVENUE, REGINA, SK HIGH-VISIBILITY COMMERCIAL OPPORTUNITY! Excellent opportunity to own a commercial building and lot at 636 Victoria Avenue in Regina, situated along one of the city's busy traffic corridors. This property features a 1,200 sq. ft. building originally constructed in 1947, situated on a 0.08-acre lot with room to park 6 or more vehicles at the rear of the property. With substantial daily vehicle traffic, the property offers excellent advertising exposure and visibility for businesses looking to establish or expand their presence. Convenient off-street parking adds to its appeal for customers, staff or business vehicles. The sale includes both the building and land, providing an opportunity to own rather than lease. Potential uses include retail, office, service-oriented businesses or future redevelopment, subject to zoning and municipal approvals. Whether you're an entrepreneur looking for a place to operate your business or an investor seeking a commercial property with potential, this is an opportunity worth exploring. LOCATION! EXPOSURE! OPPORTUNITY! Must be seen to be fully appreciated! Make arrangements for your private viewing today and discover the possibilities! (Note- some photos may have been digitally enhanced for presentation purposes) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$349K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-409

Cash-on-cash

-0.39%

DSCR

0.98

Going-in cap

5.42%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,008 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

130,333

Households

53,107

Median income

$110,000

Median age

31.4

Daytime population

200,309

5-yr growth

6.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 636 Victoria AVENUE, Regina.

NDA required
  • 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.