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Business For Sale · Office

3 1118 Broad STREET, Regina

3 1118 Broad STREET, Regina, SK S4R1X8

Price on request

4,200 SF

Asset Class

Office

Size

4,200 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

86%

Year Built

1916

About this property

4,200 sq. ft. of beautifully finished turnkey office space for rent on the 3rd floor of a character-rich building in the highly desirable Warehouse District. *Space can be demised as well* This bright and inviting suite is suitable for a wide range of officer users as it features 18 private offices, a welcoming reception area, kitchenette area and a generous boardroom, all surrounded by large windows along the perimeter walls that fill the space with natural light. The property includes 4 dedicated parking stalls with possibility for another 6 for added convenience and showcases a unique blend of heritage charm and modern functionality—ideal for professional offices, creative firms, or organizations seeking a vibrant downtown location. Ready for immediate occupancy, this space offers the perfect mix of character, comfort, and convenience in one of the city’s most sought-after districts. Operating cost is budgeted at $6.30 psf. Tenant pays power separately. Space is available as current Owner/Occupier is relocating to another owned location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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
Aurora Legal LLP1,972 SF2029-05
Aurora Legal LLP1,628 SF2029-05

Area demographics

Trade area within 3 miles of the property.

Population

105,414

Households

40,918

Median income

$70,500

Median age

37.4

Daytime population

109,357

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 3 1118 Broad STREET, 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.