Commercial Properties
489 N 2nd Avenue
City Park
Saskatoon
S7K 2C1
$149,900
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- SK043148
- Bus Major:
- Restraunt
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
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Excellent opportunity to acquire a well-established, fully equipped Vietnamese restaurant in a high-exposure downtown Saskatoon location. The lease includes approximately 1,578 sq. ft. of main-floor restaurant space, plus a 2-bedroom basement living quarters included at no additional base rent. Current base rent is $6,000/month plus $500/month occupancy costs (+ GST), with the tenant responsible for separately metered gas and electricity. There are also shared occupancy cost with the church above. Occupancy costs include property taxes, building insurance, water, common area maintenance, snow removal, landscaping, and other building operating expenses. Current lease expires February 28, 2027, with one 5-year renewal option available (subject to the lease terms). The restaurant features quality leasehold improvements, a fully equipped commercial kitchen, and a spacious dining area. Two designated parking stalls are included. Financial statements are available to qualified buyers upon signing a Confidentiality Agreement (NDA). Please do not approach staff or discuss the sale with employees. All showings are by appointment only through the listing agent.
- Listing Area:
- Saskatoon
- Listing Subarea:
- City Park
- Property Type:
- Commercial
- Property Sub Type:
- Retail
- Year built:
- 2012 (Age: 14)
- Total Floor Area:
- 3,340 sq. ft.310 m2
- Ownership Title:
- Leasehold
- Business Type:
- Restraunt
- Elevator:
- None
- Assets Include:
- Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Trade Name
- Retail Size:
- 1,587 sq. ft.147 m2
- Heating:
- Air Conditioning, Floor Model Furnace, Hot Water, Roof Top H/Vac
- Alarm System Owned, Floor Drains, Onsite Parking
- Parking Facility: Yes
- Occupancy:
- Tenant
- Power Type:
- Single Phase
- Amps:
- 220
- Volts:
- 110
- Parking Places:
- 2.0
Larger map options:
Listed by Royal LePage Varsity
Data was last updated July 21, 2026 at 09:35 AM (UTC)
Area Statistics
- Listings on market:
- 81
- Avg list price:
- $249,000
- Min list price:
- $12,000
- Max list price:
- $3,500,000
- Avg days on market:
- 96
- Min days on market:
- 1
- Max days on market:
- 342
- Avg price per sq.ft.:
- $102.57
These statistics are generated based on the current listing's property type
and located in
Saskatoon. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Richard Reimer
- Boyes Group Realty Inc.
- 1(306)227-4009
- Contact by Email
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