104 Third Avenue, Watrous, Saskatchewan

About 104 Third Avenue

High-Yield Commercial Investment Opportunity | 9.85% Cap Rate , Red Apple Stores (Tenant) this stable commercial asset offers a combination of strong immediate returns and low-management oversight. Priced competitively at $375,000.00, this property delivers a robust, reliable cash flow from day one.Investment Highlights: A Net Operating Income (NOI) of $36,942.00 per year. Features 6,157 SQ FT of fully leased, establishing a secure corporate presence. The tenant is contractually responsible for 100% of property taxes, utilities, common area maintenance (CAM) including snow and landscaping, and routine HVAC servicing.The building is a steel structure that has been rem=novated in 2025 to accommodate the tenant's increased business. Protected Capital Structure.Whether you are looking to expand your existing commercial footprint or secure a high-yield, hands-off passive stream of income, this asset stands out in today's market.Unlock the Full Investment PackageTenant details, lease terms, and full underwriting documentation are strictly confidential. For deeper insight into this high-performing asset and to review the complete investment portfolio summary, contact your agent for more details. (id:6289)

More Info on this MLS® listing

104 Third Avenue is a listing for sale in Watrous. The MLS® number is SK049797. It's currently listed for $375,000. For more details on MLS® SK049797, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Watrous is available now!

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