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$429,900
Est. payment /mo
5,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $84
MLS Listing ID SK025078
Year Built 1980
Annual Tax Amount $5,780
Tax Year 2025
Lot Size 10,500 Sqft
Acres 0.24104683
Property Sub-Type Office
Source Saskatchewan
Property Description
Investment Property with Optional Lease at $40,000/Year – Flexible Opportunity in Biggar
This 5,100 sq. ft. office building in the heart of Biggar offers an outstanding investment opportunity, with the seller willing to lease the property at $40,000/year for a 3-year term, with an option to renew. This structure provides immediate cash flow, a stable long-term tenant, and attractive returns for investors seeking income-producing commercial real estate in a strong agricultural region.
Biggar has recently completed a $7.5 million revitalization of its downtown, modernizing infrastructure, streetscapes, lighting, and commercial-area amenities. This significant municipal investment is contributing to increased economic activity, higher business engagement, and renewed commercial interest, enhancing the long-term strength and stability of the town for outside investors.
The building includes 8 private offices, a large boardroom, reception area, kitchen, technology room, two bathrooms, two rear storage rooms, and a warehouse with an overhead door. Solid concrete block construction, paved parking, upgraded electrical, lighting, and flooring, and a flexible interior layout make this a turnkey commercial space with low ongoing maintenance requirements.
While ideally positioned for an investor, the property also suits owner-occupiers requiring office, professional, service, or mixed-use space. Vacant possession can be provided.
Located on 3rd Avenue West (C1 zoning) with excellent visibility and convenient access, this property offers both reliable income potential and functional commercial space in one of Saskatchewan's most active and forward-looking regional centres.
This 5,100 sq. ft. office building in the heart of Biggar offers an outstanding investment opportunity, with the seller willing to lease the property at $40,000/year for a 3-year term, with an option to renew. This structure provides immediate cash flow, a stable long-term tenant, and attractive returns for investors seeking income-producing commercial real estate in a strong agricultural region.
Biggar has recently completed a $7.5 million revitalization of its downtown, modernizing infrastructure, streetscapes, lighting, and commercial-area amenities. This significant municipal investment is contributing to increased economic activity, higher business engagement, and renewed commercial interest, enhancing the long-term strength and stability of the town for outside investors.
The building includes 8 private offices, a large boardroom, reception area, kitchen, technology room, two bathrooms, two rear storage rooms, and a warehouse with an overhead door. Solid concrete block construction, paved parking, upgraded electrical, lighting, and flooring, and a flexible interior layout make this a turnkey commercial space with low ongoing maintenance requirements.
While ideally positioned for an investor, the property also suits owner-occupiers requiring office, professional, service, or mixed-use space. Vacant possession can be provided.
Located on 3rd Avenue West (C1 zoning) with excellent visibility and convenient access, this property offers both reliable income potential and functional commercial space in one of Saskatchewan's most active and forward-looking regional centres.
Location
Province SK
Interior
Heating Air Conditioning, Floor Model Furnace, Roof Top H/Vac
Cooling Air Conditioning, Floor Model Furnace, Roof Top H/Vac
Exterior
Garage Spaces 20.0
Amenities Available Interior Space, Onsite Parking
Total Parking Spaces 20
Building
Structure Type Concrete Block
Others
Ownership Freehold
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Listed by Hammond Realty