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Gateway Mall 1403 Central Ave 324,099 SF 61% Leased Retail Building Prince Albert, SK S6V 7J4 $5,800,000 CAD ($17.90 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Gateway Mall features a healthy mix of national, regional, and local tenants, ensuring consistent customer draw for daily essentials and services
  • Gateway Mall benefits from high visibility, proximity to major arterial routes, and access to a regional trade area serving over 195,000 people.
  • Gateway Mall offers 324,099 square feet of gross leasable area across a 14.8-acre site, making it one of the largest retail centers in northern Saskat
  • The property is currently 51% occupied, with 34 tenants in place providing reliable in-place income.

EXECUTIVE SUMMARY

Avison Young Commercial Real Estate Services, LP (“Avison Young” or the “Advisor”) is pleased to offer for sale a 100% freehold interest in Gateway Mall (the “Property” or “Offering”). Gateway Mall is a well-located shopping centre comprised of approximately 324,099 square feet of leasable area situated on a 14.8 acre site. Located in the heart of Prince Albert, Saskatchewan, the enclose mall offers ample customer convenience with approximately 1,150 surface and rooftop parking stalls, and is anchored by a diverse mix of national, regional, and local tenants serving a broad range of everyday needs. Strategically positioned in a high-visibility area, Gateway Mall benefits from strong exposure and accessibility, drawing consistent foot traffic from both local residents and the larger northern Saskatchewan trade area. As one of the few enclosed malls in the region, the property plays a central role in the city’s retail landscape. With 34 tenants and 51% occupancy, the Property offers significant upside potential through leaseup of the existing vacancy and future repositioning opportunities. Gateway Mall presents investors with a value-add retail investment supported by established tenancy and underpinned by a substantial land base. The centre offers a compelling opportunity to acquire a retail asset with immediate income and long-term redevelopment potential in a key northern Saskatchewan market. The Property is being offered with no set bid date. Offers will be reviewed as they are received. For additional information, please contact a member of the Avison Young advisory team.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
324,099 SF
Building Class
C
Year Built
1981
Price
$5,800,000 CAD
Price Per SF
$17.90 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
14.80 AC
Zoning
C1 - Downtown Commercial
Parking
1,149 Spaces (3.55 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 3
  • 42,633 SF
  • Retail
  • -
  • Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

  • 4
  • 53,386 SF
  • Retail
  • -
  • Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

  • 5
  • 15,471 SF
  • Retail
  • -
  • Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

  • 6
  • 15,500 SF
  • Retail
  • -
  • Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

Space Size Space Use Position Available
3 42,633 SF Retail - Now
4 53,386 SF Retail - Now
5 15,471 SF Retail - Now
6 15,500 SF Retail - Now

3

Size
42,633 SF
Space Use
Retail
Position
-
Available
Now

4

Size
53,386 SF
Space Use
Retail
Position
-
Available
Now

5

Size
15,471 SF
Space Use
Retail
Position
-
Available
Now

6

Size
15,500 SF
Space Use
Retail
Position
-
Available
Now

3

Size 42,633 SF
Space Use Retail
Position -
Available Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

4

Size 53,386 SF
Space Use Retail
Position -
Available Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

5

Size 15,471 SF
Space Use Retail
Position -
Available Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

6

Size 15,500 SF
Space Use Retail
Position -
Available Now

Up to 53,386 SF available immediately Locate your business at Main & Main, the Gateway to the North Join tenants including The Brick, Urban Planet, Ardene, Dollarama, Foot Locker, Paris Jewellers and more 96 unit residential tower to be constructed on north potion of Gateway Mall will increase foot traffic and create immediate customer base

Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

United Rentals
Taco Time (canada)
Tim Hortons
CIBC
Real Canadian Superstore
BMO
Save-on-foods
Original Joe's
  • Listing ID: 36560903

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 1403 Central Ave, Prince Albert, SK S6V 7J4

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