Sherwood No 159 Retail Spaces for Sale

Retail in Sherwood No 159 available for sale

Retail Spaces for Sale Within 5 kilometers of Sherwood No 159

2228 Albert St

Regina, SK S4P 2V2

Retail for Sale
$1,199,000 CAD
4,420 SF

Air Conditioning

Regina Retail for Sale

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

Contact:

Avison Young

Property Subtype:

Restaurant

Date on Market:

2025-08-26

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Harbour Landing Business Park

Mixed Types for Sale
$38,000,000 CAD
3 Properties | Mixed Types

Regina Portfolio of properties for Sale

The property features two 3 storey buildings, a free-standing Tim Horton’s drive thru plus 1.03 acres of excess serviced land for future development. An abundance of electrified parking stalls are available for tenants and customers at each of the buildings. The buildings are very well maintained and operated to a high standard. They are LEED Silver and have waterless urinals, showers, and large mechanical rooms. Conveniently located on the corner of Lewvan Drive and Parliament Avenue and close to bus stop. The location offers a reflexology garden, outdoor sculpture, bike rack and access to acres of parks and walking paths. The property generates a stable and growing cash flow from existing professional tenants who occupy 100% of the available space. For more information and access to detailed property data, prospective investors can request a Confidentiality Agreement by reaching out to the listing agent.