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Discover a fantastic chance to acquire a well-established Joey's Fish Shack and strEATS franchise in the prime east end of Regina! Known for its affordable franchising model and healthy profit margins, this beloved resta
Discover a lucrative opportunity with this profitable Famoso Neapolitan Pizzeria and Bar franchise, ideally located in the heart of downtown Regina. Surrounded by established neighborhoods and a vibrant business environm
PROPERTY FOR SALE - Welcome to this prime commercial property, located in a high-traffic area with ample on-site parking. This property is ideal for investor, owner users, or developer looking for an opportunity. Current
Zoned MH (Mixed Commercial Zoning which is the old MAC Zoning). Good commercial property. Opportunity for small business ideal for business office, studio, medical services, or esthetics. 2nd bedroom opened up for more o
This building offers an excellent opportunity for businesses seeking a prime commercial space in a desirable neighborhood. It features a spacious front retail area to cater to customer needs, as well as almost 2,000sf in
Open plan retail – 6,250sf on busy Albert Street. This property is in a high profile area just off Dewdney Ave and across from the old railyard development. Still close to the Warehouse District and Downtown. The build
Property can be sold vacant(some restrictions) or tenant occupied. Exceptional property with lots of work done situated in the popular Transition Area near Downtown Regina and Wascana Park. Roof recently replaced and dec
Excellent opportunity to own a 4,700 square foot high exposure building with a traffic count over 35,000 vehicles per day. The building has been home to an automotive repair shop for over 50 years and includes two large
BEST INVESTMENT OPPORTUNITY, AMAZING CAP RATE OF MORE THAN 9%. SOLID TENANTS RUNNING ESTABLISHED BUSINESS WITH LONG TERM LEASE AND ANOTHER 5 YEARS LEFT ON LEASE. Located in the bustling Downtown District, 2135 Albert Str
Excellent Opportunity to own a business facility in downtown Regina next to Regina General Hospital. Diversified business opportunities and huge potential. A property that offers 1543 sq ft floor space, featuring large w
BUILDINGS ONLY FOR SALE. BUSINESS NOT FOR SALE. Wonderful opportunity to own two house form office buildings located in the Transition Area of Regina and a very short walk to Wascana Park. Zoned DCD-CS which permits use
The retail property sector, in Regina has seen a range of changes and emerging trends. Major retailers have been expanding their footprint showing optimism in the economy.
Regina, Saskatchewan's retail real estate scene has been quite dynamic lately. From spaces to expansive commercial buildings, there are plenty of opportunities for potential buyers, including retail properties for rent in Regina. Recent expansions like those from Modern Mattress and Sephora demonstrate a growing confidence in the market.
Regina's central position within Saskatchewan and its stable economy make it an appealing destination for business endeavours. Whether you seek an outlet or a large commercial space, the city presents diverse choices.
Regina has some fantastic retail spaces that cater to anyone. From luxurious downtown areas to bustling shopping malls and emerging retail destinations, there are plenty of opportunities for business owners.
Downtown Regina is known for its attractive and luxurious retail locations. You'll find a mix of high-end boutiques, trendy cafes, and popular restaurants. Areas like Hamilton Street offer a vibrant shopping experience, while Scarth Street hosts many unique shops that draw both locals and visitors. The central location makes these spaces ideal for businesses that aim to attract a diverse customer base.
Regina offers several prominent shopping malls and retail parks. The Cornwall Centre is a major destination, featuring a variety of well-known brands and dining options. Also, the Grasslands commercial area provides a wide array of retail stores, supermarkets, and eateries, making it convenient for shoppers. These malls and retail parks are designed to provide an all-in-one shopping experience, which helps drive substantial foot traffic.
Emerging retail destinations in Regina are steadily gaining popularity. Locations like Wascana Park not only offer scenic views but also house some of the best local businesses. New developments around 14th Avenue are attracting innovative retail ventures looking to make their mark. These emerging areas are perfect for businesses aiming to establish themselves in up-and-coming locations with growth potential.
Retail property prices in Regina are shaped by a mix of economic conditions, market demand, and location-specific attributes. Understanding these factors is crucial for making informed investment decisions.
When the economy is growing, business activity increases, driving demand for retail spaces. Conversely, economic downturns can reduce demand, lowering prices.
Interest rates are another key factor. Lower rates make borrowing cheaper, encouraging investment in retail properties, which can drive up prices. Rental rates in Regina, also play a role. High rental yields can attract more investors, pushing up property values.
Government policies, such as tax incentives or subsidies for businesses, can also influence prices. Positive economic indicators typically lead to higher property prices, while negative indicators can have the opposite effect.
Market demand is influenced by population growth, consumer spending, and retail trends. An increasing population in Regina creates more potential customers, boosting demand for retail properties.
Consumer confidence and spending patterns are closely linked to demand. When people feel confident about their financial situation, they spend more, increasing the need for retail spaces.
The popularity of certain retail sectors can also affect prices. For instance, a rise in demand for warehouse and logistics spaces, fueled by e-commerce, can drive up prices in those segments. Keeping an eye on market demand trends helps predict property price movements.
Properties in high-traffic areas or popular shopping districts in Regina fetch higher prices due to increased visibility and footfall.
Neighbourhood attributes, such as safety, amenities, and access to public transport, also influence prices. Regions with good infrastructure and accessibility are more attractive to businesses, driving up property values.
Zoning regulations and future urban development plans can also impact prices. Areas designated for commercial growth can see an increase in property values. It's important to consider these location-specific factors when evaluating retail property investments in Regina.
Let’s look at the buying process and legal aspects specific to retail properties.
First, identify the type of property you want. This might include storefronts, malls, or individual retail units. Check our listings on our platform for available options.
Next, contact a commercial real estate broker through our Find a Broker page, and we can help you navigate the market. Brokers provide valuable insights and help negotiate the best price. Also, you should consider the location, traffic flow, and the historical performance of businesses in that area to ensure economic viability.
Before making an offer, conduct thorough due diligence. This includes getting a property inspection, reviewing financial records, and understanding any potential zoning issues. Also, consult a mortgage advisor to explore financing options, as commercial loans can differ significantly from residential ones.
Legal due diligence is essential. Start with a title search to confirm that the seller legally owns the property and to identify any liens or claims. This ensures that you are fully aware of any existing debts or legal disputes associated with the property.
Zoning laws regulate what kinds of businesses can operate in specific areas. Verify that the retail property’s zoning aligns with your business needs. Consult with a local legal expert to understand any restrictions or requirements.
Another important step is drafting and reviewing the sale agreement. This contract should clearly outline the terms, including the purchase price, closing date, and contingencies. Legal advice is essential to address these contracts and ensure that your interests are protected.
Property taxes and obligations can vary, so you need to understand the financial commitments involved. Regina has specific tax rates for commercial properties, and these can impact your long-term costs. Be sure to calculate these into your investment to avoid unpleasant surprises after purchase.
Knowing when to invest and understanding the importance of location can significantly impact your returns.
Timing can make or break your investment. Evaluate market trends; lower vacancy rates in suburban areas suggest higher demand. Keep an eye on major leases, such as those on Henderson Drive and Parkway Place, as they indicate market vitality.
Economic indicators are also vital. Stable economic growth in Regina contributes to a healthier retail market. Look for periods of economic stability before committing your funds.
Lastly, consider seasonal trends. Retail spaces often shift in value based on seasonal sales cycles, with peaks during festive seasons.
High-traffic areas like Saskatchewan Drive offer excellent visibility and accessibility, which are crucial for retail success.
Different areas have distinct advantages. Suburban locations might have lower costs, while central areas attract more customers. Research and choose a location that aligns with your investment goals.
Proximity to landmarks and transport hubs enhances foot traffic. Being near popular spots can significantly increase your property's appeal to potential tenants.
Two major shifts include the influence of e-commerce on physical retail spaces and the rising popularity of mixed-use developments.
E-commerce continues to transform Regina's retail scene. Many traditional brick-and-mortar stores are integrating online and offline experiences. This omnichannel approach allows customers to enjoy seamless and flexible shopping experiences.
Retailers are increasingly using physical locations for "click-and-collect" services. Customers order online and pick up in-store, driving foot traffic and reducing shipping costs. This trend has led to changes in store layouts, with dedicated areas for online order pickups.
Retail spaces are also being designed to offer immersive experiences that can't be replicated online. Think of stores with interactive displays and in-store events that encourage customers to visit and stay longer. These innovative retail strategies make shopping more engaging, emphasizing experiential retail over traditional product displays.
Mixed-use development projects combine retail, residential, and commercial spaces, creating vibrant communities. They offer a one-stop-shop experience, where people can live, work, and shop in the same location.
Developers are focusing on building spaces that cater to diverse needs. Incorporating amenities like fitness centres, cafes, and coworking spaces attracts a broader range of tenants and visitors. This blend of functionalities promotes a more active and engaged community.
These developments also utilize space more efficiently, appealing to both retailers and consumers. Retailers benefit from a steady flow of potential customers living and working nearby. Meanwhile, residents and workers enjoy the convenience of easy access to shops and services, making everyday life more convenient.
Regina's retail property market has significantly improved in recent years, marked by increased commercial activity and expansion by key players. The local landscape offers promising opportunities for investments, driven by positive economic indicators and growing confidence among retailers.
The city’s diverse retail environment makes it attractive for businesses looking to establish or expand their presence. Prospective buyers will find an encouraging market climate backed by strong local and provincial forecasts.
With Regina continuing to show positive trends, investing in its retail spaces offers a promising opportunity. From small stores to larger retail spaces, there’s potential for growth and profitability, reflecting Regina’s evolving commercial landscape.
Beyond retail, there are attractive commercial properties for sale in Regina, providing diverse investment opportunities in various sectors. For those interested in the industrial sector, there are numerous industrial properties for sale in Regina. These properties are ideally suited for manufacturing, warehousing, and logistics operations, and their strategic locations ensure seamless connectivity to major transportation networks.
With its blend of affordability, historically stable economy, and cultural richness, Regina has emerged as an enticing option for retail investment and is poised for continued growth and development. Learn more about investing in Regina commercial real estate.
You can find listings for retail properties available for sale in Regina, Saskatchewan by browsing right here on Find Businesses 4 Sale. Also, you may also want to connect with local commercial real estate agents who specialize in commercial properties. Additionally, office spaces for sale in Regina, the same as the mixed use properties for sale in Regina offer a chance to invest in modern, well-equipped environments that cater to the needs of contemporary businesses.
When purchasing retail property in Regina, Saskatchewan, consider factors such as location in relation to your target market, the condition of the property, potential for growth and development in the area, zoning laws, price, and accessibility to transportation links. It's also important to understand the local commercial real estate market and engage in thorough financial planning.
Yes, certain areas in Regina, Saskatchewan are more suited for retail properties, particularly the regions around downtown Regina, South Regina, and Eastgate Bay. These areas have a high footfall and accessibility making them ideal for retail business operations.
The buying process for retail properties in Regina, Saskatchewan involves identifying a potential property, performing due diligence (including inspections, examining tenant leases, and assessing location), and securing financing. Once these steps are settled, the transaction is typically completed with the assistance of a Realtor® or business broker and commercial real estate lawyer, who ensures all legal documents, including offer and acceptance paperwork, are properly executed.
https://www.regina.ca/bylaws-permits-licences/bylaws/regina-zoning-bylaw/
https://www.regina.ca/business-development/commercial-property-tax/
Discovering the best deals on Commercial Properties in Regina, Saskatchewan requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Retail Property at 2599 Quance STREET , Retail Property at 1881 Scarth STREET and Retail Property at 505 BROAD STREET .
The average price of Commercial Properties in Regina, Saskatchewan is influenced by various factors. On average, prices range from $641,872. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Commercial Properties in Regina, Saskatchewan on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Retail Property at 2599 Quance STREET , Retail Property at 1881 Scarth STREET and Retail Property at 505 BROAD STREET . .
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