Property Description

Discover a rare commercial investment opportunity in Regina’s historic Warehouse District! Located on a highly visible corner near downtown, 1736 Dewdney Avenue is a distinctive three-level commercial property that blends character, extensive renovations, and established rental income. Situated on approximately 20,000 sq. ft. of land, this versatile property presents exciting possibilities for investors, owner-operators, and businesses seeking a unique commercial space. All three levels are currently tenanted, offering existing rental income and an opportunity to explore future leasing strategies. The main-floor lease is approaching expiry in December 2026, providing flexibility for an incoming owner. Each unit features a separate bathroom, while property improvements include upgraded large picture windows, blue-skin waterproofing, new sump pumps, newly relined sanitary and storm sewer lines, high-efficiency furnaces, and central air conditioning units. Additional features include side parking for tenant convenience and an existing shed with potential for storage or future improvements. This property boasts 195' of frontage along Dewdney street and is ideally situated near downtown Regina. Located in a neighbourhood experiencing ongoing revitalization, including the City of Regina’s Rail Yard Renewal Project, the property benefits from strong potential for future growth and development. With its prominent corner exposure, character features, established tenancies, and adaptable layout, this property offers a compelling opportunity for a range of commercial uses, subject to applicable zoning and approvals. Whether you are looking to expand your investment portfolio, operate your own business, or explore the potential of a character-rich commercial property, 1736 Dewdney Avenue is ready for its next chapter. (id:7434)