1204 La Ronge AVENUE

PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN LA RONGE Strong income-producing commercial property in La Ronge, Saskatchewan, offering an excellent opportunity for investors seeking a well-maintained asset with stable, long-term tenancy. The property features approximately 13,000 sq. ft. of leased retail space, occupied by a long-term tenant with a recently renewed 5-year lease, providing attractive income stability for the new owner. Situated on approximately 0.45 acres, the property offers a prominent retail storefront and is well maintained, making it an appealing addition to a commercial investment portfolio. Adding further upside, approximately 1,500 sq. ft. of additional space is currently available and features a separate entrance, providing an opportunity for the new owner to lease the space separately and generate additional income, subject to applicable zoning and tenant requirements. With a strong existing tenant, an attractive lease, additional leasable space, and a well-maintained building, this property presents a compelling combination of current cash flow and future income potential. (id:63357)