1304/1308/1312 Main STREET, Saskatoon, Saskatchewan
$1,965,600
MLS® SK050259
LAND ASSEMBLY FOR MULTI-FAMILY INFILL DEVELOPMENT Rare opportunity to acquire a three-property land assembly at 1304, 1308 & 1312 Main Street, Saskatoon, offering approximately 21,840 SF of combined land area and 156 feet of Main Street frontage. The assembled site provides an attractive opportunity for multi-family infill residential development within an established Saskatoon neighbourhood. The properties are located within 8th St. Corridor Residential area, providing potential for multi-unit residential development wiht an allowable building height of 4 stories (15m). The substantial frontage and depth of the assembled site offer flexibility for a variety of development concepts. The three properties currently include three existing houses generating approximately $90,600.00 in gross annual rental revenue, providing holding income while the purchaser plans and pursues future development of the site. (id:56426)
Steve Jantzen
Listed by RE/MAX Saskatoon
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