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2228 Albert St 4,420 SF Retail Building Regina, SK S4P 2V2 $1,199,000 CAD ($271.27 CAD/SF)



INVESTMENT HIGHLIGHTS
- Some parking at back and street parking
- 4,120 sf on two levels and the third level is 590 sf
EXECUTIVE SUMMARY
One of Reginas most vibrant and well know properties offered at $1,199,000, this rare two-and-a-quarter story landmark building blends historic character with modern function in a prime location. Originally built in 1907, with thoughtful additions in 1956 and 2000, the property spans 4,120 sq. ft. (4,420 sq. ft. including an enclosed deck) and has been transformed into a vibrant restaurant and lounge. The main floor welcomes guests through a front entrance that flows into a seating area and lounge, complete with a professional kitchen, three washrooms, and access to a 300 sq. ft. covered deck and a large fenced in ground level patio for outdoor dining. The second floor offers additional seating, two washrooms, and a generous 500 sq. ft. deck perfect for warm-weather service. Topping the property is a 590 sq. ft. third-level suite, with a kitchen, living room, bedroom, and bathroom—currently utilized for storage. The partial basement, constructed of concrete and block, with a walk in cooler and a walk in freezer and provides functional storage for supplies with ramp access for easy holing of inventory. Adding to its appeal, the property is being sold with a secure, income-producing lease in place with the current restaurant tenant, making this an attractive investment opportunity. This is a unique chance to own a piece of vibrant local history while benefiting from stable rental income and the long-term value of a well-located commercial property. Note: All showings must be done before 11:00 am
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,420 SF
Building Class
B
Year Built
1907
Price
$1,199,000 CAD
Price Per SF
$271.27 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.14 AC
Zoning
MH - Mixed High Rise
AMENITIES
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
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2228 Albert St
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