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223 Main Street, Biggar, SK

223 Main Street, Biggar, SK

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$100,000

For sale

Enterprise

Commercial

Rural Municipality

Price (P)

$100,000

Farmland

0

Improvements

$100,000

Title Acres (ISC)

0.1

Cultivated Acres

Soil Final Rating

$/Titled Acre

$1,000,000

P/AV Multiple

0

Closest Town

Biggar

Listing Brokerage

Hammond Realty

AG Listing ID

MLS #

SK049555

Avg. AV/Qtr

0

PROPERTY MAP

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DESCRIPTION

223 Main Street, Biggar, SK

$100,000 | Commercial Office Building

Main Street office building on a corner lot in Biggar with tenants in place. Located on Main Street in downtown Biggar, which was recently upgraded through the $5 million Biggar Revitalization Project. Improvements included new sidewalks, lighting and signage, storefront improvements, a permanent concert stage, and a park on the former CN rail grounds. The project has brought new activity to downtown and new residents to the community.

Property Highlights

• Income: Existing rental income from four tenants. A buyer can take possession with income from day one.

• Tenants:

o Primary tenant has 3 years remaining on their lease.

o Three additional tenants rent on year-to-year agreements.

o A buyer has the flexibility to renew these tenants, find new tenants, or use the space for their own business.

• Expenses: Utilities paid by the tenants, landlord pays property taxes.

• Room to Grow: Space is available to accommodate an additional 2 to 3 tenants, depending on their requirements.

Building Details

• Building: Single-storey, concrete-block commercial building constructed in 1929.

• Main Floor: 2,720 sq ft (34 ft × 80 ft), with a 14 ft storey height (approximately 7 ft 10 in drop ceiling height)

• Layout: 12 offices, several of which connect to one another, plus 2 bathrooms and a kitchen. A central hallway runs from the Main Street entrance to the rear of the building.

• Basement: 1,564 sq ft partial basement (34 ft × 46 ft) beneath the rear of the building features 8 ft ceilings, concrete floor, concrete walls, furnace room, and several rooms suitable for storage or future development. The front 34 ft × 35 ft portion of the building is crawl space.

• Mechanical: 2 forced-air natural gas furnaces and direct vent water heater.

Site Details

• Lot: 34 ft × 130 ft corner lot (±4,420 sq ft) at Main Street and 3rd Avenue West. The property consists of all of Lot 1 and the north 9 ft of Lot 2, Block 7, Plan D4770 (ISC Surface Parcels 118712112 and 146460326).

• Parking: Parking at the rear of the building, plus street parking along the side and front.

• Property Taxes: Approximately $3,000 per year.

• Assessment: 2026 SAMA assessed value of $165,900.

Investment or Owner-Occupier Opportunity

This property suits an investor looking for existing rental income with a primary tenant secured under a multi-year lease, or a business owner wanting a Main Street location with existing tenants helping offset ownership costs.

Call Dave Molberg at (306) 948-4478 for more information or to book a showing.


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