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$ 1,965,000
Est. payment | /mo
0.48 Acres Lot
$ 1,965,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK050259
Annual Tax Amount $14,052
Tax Year 2026
Lot Size 0.484 Acres
Acres 0.4839302
Property Sub-Type Land
Source Saskatchewan
Property Description
LAND ASSEMBLY FOR MULTI-FAMILY INFILL DEVELOPMENT
Rare opportunity to acquire a three-property land assembly at 1304, 1308 & 1312 Main Street, Saskatoon, offering approximately 21,840 SF of combined land area and 156 feet of Main Street frontage. The assembled site provides an attractive opportunity for multi-family infill residential development within an established Saskatoon neighbourhood.
The properties are located within 8th St. Corridor Residential area, providing potential for multi-unit residential development wiht an allowable building height of 4 stories (15m). The substantial frontage and depth of the assembled site offer flexibility for a variety of development concepts.
The three properties currently include three existing houses generating approximately $90,600.00 in gross annual rental revenue, providing holding income while the purchaser plans and pursues future development of the site.
Rare opportunity to acquire a three-property land assembly at 1304, 1308 & 1312 Main Street, Saskatoon, offering approximately 21,840 SF of combined land area and 156 feet of Main Street frontage. The assembled site provides an attractive opportunity for multi-family infill residential development within an established Saskatoon neighbourhood.
The properties are located within 8th St. Corridor Residential area, providing potential for multi-unit residential development wiht an allowable building height of 4 stories (15m). The substantial frontage and depth of the assembled site offer flexibility for a variety of development concepts.
The three properties currently include three existing houses generating approximately $90,600.00 in gross annual rental revenue, providing holding income while the purchaser plans and pursues future development of the site.
Location
Province SK
Community Varsity View
Exterior
Topography Flat
Building
Sewer Attached to Municipal
Others
Ownership Freehold
Listed by RE/MAX Saskatoon