SK > Pilot Butte
Pilot Butte, SK S0G3Z0,1200 Butte STREET
Pilot Butte, SK S0G3Z0,1200 Butte STREET
Pilot Butte, SK S0G3Z0,1200 Butte STREET
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$2,599,900
Est. payment /mo
12,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $216

MLS® Listing ID SK011019

Lot Size 4.000 Acres

Acres 4.0

Property Sub-Type Freehold

Source Saskatchewan REALTORS® Association

Property Description

Exceptional opportunity at 1200 Butte St. This 4-acre property features three distinct buildings on 2 acres, with 2 acres undeveloped for future expansion. Long-term tenants recently renewed leases for 5 years on the entire 4-acre parcel, ensuring stable income across the full property. Projected 6.9% cap rate. Property Highlights: • 4 acres total (2 developed, 2 undeveloped) • 3 well-maintained buildings • Long-term tenants leasing all 4 acres with recent 5-year renewals • 6.9% cap rate • Prime location Investment Benefits: 1. Stable cash flow from established tenants across entire property 2. Significant development potential on 2 vacant acres (subject to lease terms) 3. Strong financial performance 4. Secure tenant commitment to full parcel 5. Opportunity for value appreciation Current buildings fully leased to established businesses. Undeveloped land, also under lease, offers potential for future growth or new construction to meet market demands, pending agreement with current tenants. Ideal for investors seeking immediate returns and long-term value. Property combines steady rental income with potential for future development, creating a compelling investment case. (id:24570)

Location

State SK

Rooms

Kitchen 0.0

Interior

Heating Furnace, Hot Water

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

Virtual Tour https://media.hatch-media.ca/videos/0197ac90-ae0c-719c-9715-c0e9da2e5b35?v=412

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Aaron MacRae

Agent

+1(403) 852-2260

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