1308 1st Avenue E, Prince Albert

Prime Commercial Building in Downtown Prince Albert - Midtown Area

Welcome to an exceptional investment opportunity in the heart of downtown Prince Albert's midtown area. This versatile commercial building, spanning 4480 square feet, is split into two distinct office spaces, making it an ideal choice for investors and business owners.

Main Office Space (2980 sq/ft):
Currently owner-occupied and utilized as an insurance business, this meticulously designed office space offers a professional and functional environment. Featuring:

Board room
5 private offices
Staff room
2 half baths
Mail/photocopy room
Open meeting room
Reception area
Secondary Office Space (1500 sq/ft):
Boasting a developed layout, this space is centrally located within the building and includes:

5 offices
1 board room
Reception area
1/2 bath
Coffee area
Lease Information:
The secondary office space is currently leased to a professional therapy business until December 2026, providing a reliable and steady income stream. The lease terms are competitive at $13/square foot plus $7/square foot for occupancy costs.

Key Features:

The roof was replaced in 2017, ensuring a well-maintained property
Large lot with ample parking for both customers and staff
Large parking lot for added convenience
This commercial gem is strategically positioned in a vibrant downtown area, offering easy access to essential amenities, businesses, and a thriving community. Don't miss this chance to acquire a well-established property with a strong rental history and potential for growth.