Available for sale is a commercial building with a compound located on the 1300 block of Scarth street in Regina's popular Warehouse District. This block of Scarth Street intersects with 7th Avenue which provides excellent access for getting around the city. The Warehouse District is located in the heart of the city very close to the downtown core and is home to over 550 independent retailers and businesses. The Warehouse District is also home to many of the city's entertainment hot spots. The "Dewdney Strip" is known as a nightlife center with a grouping of local breweries, live music venues, pubs, and nightclubs. This commercial property is small multi-tenant building on a triple lot (approx 75ft W by 125ft L) that offers lots of secure compound space for off-street parking and storage. The Building is divided into two commercial rental units with Unit A consisting of approx. 2,360 sqft and Unit B consisting of approx. 1,140 sqft. Each unit has a separate entrance and access to Scarth Street as well as shared access to the secure compound that surrounds the building. Op. Costs on this building are estimated at $7.00 per sqft/year and include the following items: Building Insurance, Common Area Maintenance, City Garbage pick-up, Landscape Maintenance, Property Taxes, Snow Removal, Electrical, Heating, Water & Sewer, as well as Alarm System with Monitoring. Overall this commercial space has a lot going for it, and it could be just the opportunity your business or real estate portfolio needs to increase production and profitability. If this sounds like something you would be interested in, give your Commercial REALTOR® a call today to book a viewing. If you don't already have a Commercial REALTOR® looking after your business, give us a call and we will get the qualification process started.
Property Sub Type:
Total Floor Area:
3,500 sq. ft.325.161 m2
552 sq. ft.51.282 m2
2,948 sq. ft.273.88 m2
Floor Model Furnace, Overhead Unit Heater
Alarm System Owned, Fenced Compound, Floor Drains, Heavy Floor Loading, Interior Space, Onsite Parking, Other (See REALTOR Remarks), Store Front, Wheelchair Access