24 Main STREET new

Lucky Lake,SK S0L 1Z0

$ 99900

- Bed

- Bath

1147 SqFt


Key Details

Property Type Commercial

Sub Type Other (See Member Only Remarks)

Listing Status Active

Purchase Type For Sale

Square Footage 1,147 sqft

Price per Sqft $87

MLS Listing ID SK016707

Year Built 1969

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Other (See Member Only Remarks)

Source Saskatchewan

Property Description

24 MAIN ST. LUCKY LAKE, SK – An excellent investment opportunity awaits in the welcoming community of Lucky Lake! This well-maintained commercial property, built in 1969 and zoned C1, offers 1,147 sq ft of functional space on a 0.16-acre lot with 54 ft of frontage. The building has been under long-term lease with Canada Post, providing approximately $25,000 per year in secure rental income, with a new 5-year lease signed in 2024 ensuring a strong national tenant is in place. Over the years, important updates have been completed including a new roof (2013), gas furnace (2014), updated lighting throughout (2015), automatic doors and new counters (2021), a new sewer line (2022), and central air conditioning added in 2024. Operating expenses average approx $12,000 annually and property taxes for 2025 are $2,021, making this an affordable and reliable income producer. Additional features include wheelchair accessibility, onsite and street parking, and a durable metal roof. With excellent exposure in Lucky Lake's commercial district and the peace of mind that comes with a national tenant, this property represents a solid, long-term investment - call today for more details!

Location

Province SK

Interior

Heating Air Conditioning,Floor Model Furnace

Exterior

Garage Spaces 3.0

Amenities Available Onsite Parking,Store Front

Total Parking Spaces 3

Building

Structure Type Indeterminable

Others

Ownership Freehold

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