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Main Photo: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
Photo 1: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
Photo 2: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
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Photo 23: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
Photo 24: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
Photo 25: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
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Photo 29: 2216 Lorne Street in Regina: Transition Area Commercial for sale : MLS®# SK961677
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK961677
Build. Type:
Low-Rise (3 floors and under)
Discover an exceptional mixed-use property in Regina's Centre Square neighborhood, just a stone's throw away from downtown. This meticulously condo-ized three-story building with a full basement offers separate titles for its main, second, and third levels, along with individual electrical and natural gas meters. Currently divided into six units, featuring a blend of commercial and residential spaces, with potential for a seventh through a small office space, the property also provides ample on-site parking. Renovated to the highest standards, each unit (excluding the small office) boasts its own private entrance, bathroom, and kitchen, offering versatile usage options such as boutique hotel rooms, Airbnbs, studios, offices, or apartments. Furthermore, the property benefits from flexible zoning, allowing for various permitted uses including Dwelling Units, Residential Homestay/Bed & Breakfast, Day Care Centers, Social Service Homes, Nursery Schools, and Supportive Living Homes, making it an attractive investment opportunity for discerning buyers. Current tenant rental info in member remarks.
Listing Area:
Regina
Listing Subarea:
Transition Area
Property Type:
Commercial
Property Sub Type:
Mixed Use
Building Type:
Low-Rise (3 floors and under)
Home Style:
Multi-Level
Year built:
1939 (Age: 85)
Complex / Subdivision:
not formalized
Total Floor Area:
4,907 sq. ft.
Taxes:
$10,016 / 2024
Property Offered:
Buildings And Land
Ownership Title:
Condominium
Elevator:
None
Assets Include:
Parking
Smoke Detector:
Yes
Sprinkler system:
Yes
Heating:
Floor Model Furnace
Construction:
Masonry
Wheelchair Access
Condo Fees Assessed: No, Parking Facility: Yes
Condo Fee Includes:
Other
Management:
Self Managed
Management Company:
not applicable
Lot Size:
6,098 sq. ft.
Parking Places:
6.0
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Listed by Realty Executives Diversified Realty
Data was last updated December 3, 2024 at 01:35 AM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$624,900
Min list price:
$550
Max list price:
$4,030,000
Avg days on market:
132
Min days on market:
18
Max days on market:
362
Avg price per sq.ft.:
$152.17
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations.
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
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.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.