1308 1st Avenue East

Midtown Prince Albert S6V 2B1

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.