Prince Albert Banks for Sale

Commercial Real Estate in Prince Albert available for sale

Retail Spaces for Sale Within of Prince Albert

More details for 1403 Central Ave, Prince Albert, SK - Retail for Sale

Gateway Mall - 1403 Central Ave

Prince Albert, SK S6V 7J4

Retail for Sale
$5,800,000 CAD
324,099 SF

Prince Albert Retail for Sale

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.