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1 Stanley Place in Saskatoon: Kelsey/Woodlawn Commercial for sale : MLS®# SK793780

1 Stanley Place Saskatoon S7L 1C3 : Kelsey/Woodlawn

Main Photo: 1 Stanley Place in Saskatoon: Kelsey/Woodlawn Commercial for sale : MLS®# SK793780
$2,820,000
Prop. Type:
Commercial
MLS® Num:
SK793780
Status:
Active
Bus Major:
Rental holding properties
Offers are dependant on the acceptance of a conditional offer on all 12 adjoining properties on Stanley Place and #1224 & #1228 Idylwyld Drive. Viewings only available following the acceptance of a conditional offer on all said properties As per the City of Saskatoon - before redevelopment can occur, a developer must consolidate (own) all the lots within a cul-de-sac; In addition, within the DCD2 guidelines. Development is mandated to begin at Stanley Place and move northward in consecutive order. If a developer were to complete consolidation, the current guidelines state that uses of a B3 or RM3 Zoning District would be permitted. The list price of this package will be offered for sale for $2,820,000.00 Also this is a great opportunity for a holding investment property portfoiio> Current rents are approximately $157,800.00 annually. Buyer and buyers agent responsible for verifying square footage and potential development opportunities.
Listing Area:
Saskatoon
Listing Subarea:
Kelsey/Woodlawn
Property Type:
Commercial
Property Sub Type:
Other (See Member Only Remarks)
Year built:
1948 (Age: 72)
Taxes:
$10,392 / 2019
Ownership Title:
Freehold
Business Type:
Rental holding properties
Assets Include:
Other (See Member Remarks)
Smoke Detector:
Yes
Sprinkler system:
No
Construction:
Wood Frame
Date Listed:
Days on Mkt:
Listed by RE/MAX Bridge City Realty
Data was last updated August 9, 2020 at 03:35 PM (UTC)
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