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131 Cheadle STREET W
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Swift Current · Retail · under $750,000. Alerts only send when there are new or meaningfully updated matching homes.
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Explore the possibilities at this prestigious building in the heart of downtown. Centrally situated, this property boasts excellent visibility, prominent frontage, and exceptional advertising potential along this bustling street. The curb appeal is remarkable, featuring a newly renovated exterior façade that exudes top-notch professionalism. This space is ideal for both investors and entrepreneurs. The property includes an outstanding long-term lease with a national company on the first level, leasing 13,500 square feet, while offering an additional 5,700 square feet of potential on the upper level. The main floor storefront area is cleverly designed for retail, featuring a spacious showroom with an upscale corner till and a substantial amount of storage behind, including a mezzanine area. Down the hall, you will find 1,160 square feet of office space, currently accommodating two private offices, a two-piece staff washroom, and ample open space, which can be utilized for a staff room or additional offices. The second story is partially utilized, with one office space currently rented out and five apartment suites (three one-bedroom and two bachelor suites) that are currently not in use, yet present an excellent opportunity to address the city's ongoing rental inventory shortage. The shop at the rear, added in the late 1980s, spans 8,100 square feet (90x90) and is currently used as a warehouse by the tenant. This steel frame building features a secure steel exterior and includes two overhead doors measuring 11x14 and 11.6x12, providing abundant storage space, a two-piece washroom, a loading dock at the back, and access to the main building. The basement is suitable for storage and houses two boilers for heating, with a hot water tank replaced in 2019. The building is equipped with two central air conditioning units, the roof was spray-foamed in 2017, and some windows have been replaced. For additional information or to schedule a viewing, please contact today. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.