Description

Excellent Opportunity to own a Newer, Solid Commercial Building in the Progressive Town of Minnedosa! The 2 Storey Building, built in 1990, is Conveniently Located on Main Street and Features 3 Prime Storefront Spaces on Main Level, 4 Residential Suites in Upper Level & Full Basement, Open for Development. The 2 Larger Commercial Spaces are currently occupied by a Physiotherapist & Chiropractor/Massage Therapists, under Long Term Leases. The Upper Level Features 2 - 2 Bedroom Suites & 2 - 1 Bedroom Suites, with Shared Laundry, all Under Fixed Term Leases. Solid Financials producing Attractive Capitalization Rate in the 7% - 8% range. Many Recent Updates Including Renovation of 2 Bedroom Suites & Laundry, Furnace, Plumbing & Roof. A Great Investment Package on Main Street in Downtown Minnedosa. https://www.realtor.ca/real-estate/20308709/office-offices-115-main-st-minnedosa

Community Statistics

2,449

Population

47.2

Median Age

$61,216

Median Household Income

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