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$ 1,690,000
Est. payment | /mo
4,838 SqFt
$ 1,690,000
Est. payment | /mo
4,838 SqFt
Key Details
Property Type Commercial
Sub Type Other (See Member Only Remarks)
Listing Status Active
Purchase Type For Sale
Square Footage 4,838 sqft
Price per Sqft $349
MLS Listing ID SK011750
Year Built 2004
Annual Tax Amount $28,063
Tax Year 2025
Lot Size 0.381 Acres
Acres 0.38110653
Property Sub-Type Other (See Member Only Remarks)
Source Saskatchewan
Property Description
Exceptional opportunity to acquire a well-established restaurant property along with business assets in a high-traffic location on Victoria Ave. This solid, custom-built 4,838 sq. ft. building (constructed in 2004) is offered for sale, including restaurant equipment and a collection of newer, high-quality kitchen appliances. The property was specifically designed for a high-volume restaurant operation and features a spacious open-concept dining area, private rooms ideal for banquets and events, and a buffet section for added versatility. The well-maintained kitchen is equipped with 5 woks, 3 deep fryers, a 4-burner stove, BBQ oven, prep tables, and ample refrigeration with an 8x10 walk-in cooler and a 4x6 walk-in freezer. The basement provides significant additional storage space, including a large, spacious area and a 12x8 freezer. The building rests on a sturdy concrete pad structure, ensuring long-term durability. The property offers 31 on-site parking spaces and is fully wheelchair accessible. Located on Victoria Ave, a high-traffic corridor, it provides excellent visibility and accessibility, with abundant parking options that are rare to see on the high traffic Victoria Ave in Regina. The current business name is also included for sale, but the buyer has the flexibility to operate under their own restaurant brand or transform the space into any other type of restaurant concept. There is significant redevelopment potential, including the possibility to reconfigure the front of the building which face Victrola Ave, creating multiple retail spaces while maintaining a smaller restaurant footprint. This property offers excellent real estate value combined with a turnkey restaurant setup—ideal for investors or operators looking to capitalize on a prime location with redevelopment options. Don't miss this unique opportunity!
Location
Province SK
Community Eastview Rg
Interior
Heating Air Conditioning, Roof Top H/Vac
Cooling Air Conditioning, Roof Top H/Vac
Exterior
Amenities Available Alarm System Owned, Floor Drains, Onsite Parking, Store Front
Building
Structure Type Wood Frame
Others
Ownership Freehold
Listed by RE/MAX Crown Real Estate