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For Sale

245 3rd Avenue South

± 19,908 SF $2,975,000

Investment / Office

Predominantly leased six story office with main floor retail with a total net rentable area of ± 16,547 SF.
Main floor café space is finished with vinyl plank flooring, painted gyproc walls, open ceilings, two (2) piece public washroom and a kitchen. The five (5) floors of office space with varying layouts and square footage have a common hallway off the elevator and stairwell with common access to the offices as well as common washrooms on each floor expect the 4th floor which has private washrooms with the basement currently uses for storage. Finishes on each level vary with a combination of laminate, carpet, ceramic tile, and LVP flooring, painted gyproc walls and open or suspended ceiling tiles.

Office tenants are greeted with original marble flooring , full service elevator and stairwell that accesses the upper levels and basement. The main stairwell is original marble tread with wrought iron railing. There are eight (8) electrified parking stalls.

The building is heated by gas fired force air furnace with air conditioning units on each floor. Features also include a 50 gallon gas fire hot water heater, 3 phase - 400 amp electrical power, and sprinkler suppression system on main and basement. Basement is currently used for storage.

Zoning is Downtown Commercial District (B6), please contact Melissa for further information on which uses are suitable for this location.

Contact Melissa Today:
Melissa Newton | 306 281 5239 | melissa@thecommercialgroup.ca

Building Size: ± 19,908 SF
Lot Size: ± 0.13 acres
Zoning: B6 (Downtown Commercial District)
Possession: Arranged
Parcel: 120288719
Vendor: Glengarry on Third Properties Ltd.

Taxes (2025): $46,211.52
*Adjusted Net Operating Income (2025): $260,000.00
*all leases are gross leases
List Price: $2,975,000.00