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$799,900
2 Beds ⋅ 6 Baths ⋅ SK043631 MLS® #
• MIXED-USE OPPORTUNITY • 3 CONDO-TITLED LEVELS • 6-7 POTENTIAL UNITS • PRIME CENTRE SQUARE LOCATION • FLEXIBLE ZONING • AMPLE PARKING • Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to College Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you’re envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors’ assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired.

2216 Lorne Street, Regina

Listing courtesy of Century 21 Dome Realty Inc..

$359,900
4 Beds ⋅ 2 Baths ⋅ SK033481 MLS® #
Welcome to 2119 Lorne Street – a completely renovated property offering excellent potential for homeowners or investors. This home features a self-contained 1-bedroom suite on the main floor with updated flooring, paint, kitchen, and 3-piece bath. The second and third levels offer 3 bedrooms, an updated kitchen, a 4-piece bathroom, and modern finishes throughout. Extensive upgrades include updated plumbing, a 100-amp electrical panel, and a rented combination heating systerm, its hassle-free. The property also generates additional income with 6 rear parking stalls currently rented at $150/month each. A solid, turn-key opportunity with strong income potential.

2119 Lorne Street, Regina

Listing courtesy of RE/MAX Crown Real Estate.

The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply. The Saskatoon Region Association of REALTORS® (SRAR) IDX Reciprocity listings are displayed in accordance with SRAR's MLS® Data Access Agreement and are copyright of the Saskatoon Region Association of REALTORS®. MLS® System data of the Saskatoon Region Association of REALTORS® displayed on this site is refreshed every 5 minutes.