201 Main Street, Rosetown, Saskatchewan S0L 2V0

Listed for:
$465,000
0 beds
0 baths
Listed 134 days ago
201 Main Street, Rosetown, Saskatchewan S0L 2V0

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Listing provided by:
RE/MAX North Country
MLS® number:
SK955129
Agent:
Michelle Buck
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About

Here is an excellent investment opportunity with a steady income stream. Fully renovated in 2018/19, this 2-storey building blends past and present with style. This multi-functional space has a thriving business on the main floor and four 1-bedroom apartments on the second. Both the retail space and the apartments are characterized by high, open beam ceilings for a spacious and airy feel, with bright white walls, exposed brick and rustic fixtures. The historic roots of this building have been updated with all the modern conveniences necessary for comfortable living and working. The renovations included the construction of additional 410 sq ft of 2nd floor space, new mechanical, electrical and plumbing, new bathrooms, kitchens, insulation, drywall, flooring, fixtures, roof repairs, stucco and paint. This property’s low vacancy rates are a testament to its desirability and quality. For those investors searching for a larger package, the neighboring property located at 107 1st Ave W is also offered for sale (SK955130), and was developed in tandem with the Main Street building. It is fully leased to three retail/service tenants. Contact your favorite real estate agent today to request an information package. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered for sale with freehold ownership, presenting an exceptional opportunity for investment and a reliable source of income. The building underwent a complete renovation in 2018/19, resulting in a 2-storey structure that seamlessly combines historical charm with modern style.

The main floor of the building is currently home to a thriving business, while the second floor features four 1-bedroom apartments. Both the commercial and residential spaces boast high, open beam ceilings, creating a spacious and airy atmosphere. The interiors are characterized by bright white walls, exposed brick, and rustic fixtures, blending the building's historic roots with contemporary comfort.

The renovation project included the addition of 410 sq ft of second-floor space, as well as updates to the mechanical, electrical, and plumbing systems. New bathrooms, kitchens, insulation, drywall, flooring, fixtures, roof repairs, stucco, and paint were also part of the extensive renovations, ensuring that the property offers all the modern conveniences necessary for comfortable living and working.

This property has consistently low vacancy rates, a testament to its desirability and quality. For investors interested in a larger package, the adjacent property at 107 1st Ave W is also available for sale (SK955130) and was developed in conjunction with the Main Street building. It is fully leased to three retail/service tenants. Interested parties are encouraged to contact a real estate agent to request an information package.

Key details about the property include a land size of 0.07 acres, its location on 201 Main Street in the city of Rosetown, Saskatchewan, with a postal code of S0L2V0.