2216 Lorne STREET Active

Regina,SK S4P 2M7

$ 985000

- Bed

- Bath

4907 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,907 sqft

Price per Sqft $200

Subdivision Transition Area

MLS Listing ID SK961677

Style Multi-Level

Originating Board Saskatchewan

Year Built 1939

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Discover an exceptional mixed-use property in Regina's Centre Square neighborhood, just a stone's throw away from downtown. This meticulously condo-ized three-story building with a full basement offers separate titles for its main, second, and third levels, along with individual electrical and natural gas meters. Currently divided into six units, featuring a blend of commercial and residential spaces, with potential for a seventh through a small office space, the property also provides ample on-site parking. Renovated to the highest standards, each unit (excluding the small office) boasts its own private entrance, bathroom, and kitchen, offering versatile usage options such as boutique hotel rooms, Airbnbs, studios, offices, or apartments. Furthermore, the property benefits from flexible zoning, allowing for various permitted uses including Dwelling Units, Residential Homestay/Bed & Breakfast, Day Care Centers, Social Service Homes, Nursery Schools, and Supportive Living Homes, making it an attractive investment opportunity for discerning buyers. Current tenant rental info in member remarks.

Location

Province SK

Community Transition Area

Interior

Heating Floor Model Furnace

Exterior

Garage Spaces 6.0

Amenities Available Wheelchair Access

Total Parking Spaces 6

Building

Building Description Masonry, Low-Rise (3 floors and under)

Structure Type Masonry

Others

Ownership Condominium

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