$799,900
 $4,294 est/mo Sourced by Back At You

2216 Lorne Street,Regina, SK S4P2M7

Regina, SK S4P2M7

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Description

MIXED-USE OPPORTUNITY 3 CONDO-TITLED LEVELS 6-7 POTENTIAL UNITS PRIME CENTRE SQUARE LOCATION FLEXIBLE ZONING AMPLE PARKING Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to College Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you're envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors' assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired. (id:13843)

Details

MLS #SK043631
Listing TypeFor Sale
StyleCondominium
StatusActive
Year1939
Days On Site93
Listing Provided ByCentury 21 Dome Realty Inc. | Adrienne Heron

Features

Bed(s)2
Bath(s) 6 Total
SQ Feet4,907
BasementY
Story(s)2
Acreage0.14

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Fireplace Yes / NoNo

Exterior

Lot FeaturesIrregular lot size, Wheelchair access, Balcony

Parking

Parking FeaturesParking Space(s)

Taxes

Tax Annual Amount6761
Tax Year2026

Area Information

ProvinceSK
CityRegina
Postal CodeS4P2M7
Listing VS Median (in S4P2M7)
Price:
$799,900
low | high
Med:
$799,900
50% of Average
sqft:
4,907
low | high
Med:
4,907
50% of Average
$ / sqft:
$163
low | high
Med:
$163
50% of Average
On site:
93
low | high
Med:
93
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceSK
CityRegina
Postal CodeS4P2M7
Listing VS Median (in S4P2M7)
Price:
$799,900
low | high
Med:
$799,900
50% of Average
sqft:
4,907
low | high
Med:
4,907
50% of Average
$ / sqft:
$163
low | high
Med:
$163
50% of Average
On site:
93
low | high
Med:
93
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $599K - $999K
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
2301 15th AVENUE Property Photo 1
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2301 15th Avenue
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Listing Updated: October 24, 2026 at 8:46:32 AM PDT