5,607 ft²Retail$1,100,000Sale
5,607 ft²
Retail
$1,100,000
Sale
Wesley Giesbrecht
CENTURY21 Advantage Realty
The Space
Asking Price$1,100,000
Available Space5,607 ft²
MLS® IDA2096220
ZoningDC(28)
Year Built1964
SourceCentral Alberta
The Building
BUILDING ONLY FOR SALE ONLY. Featuring just over 5,600 sq ft, this multi-purpose, stand alone building on it's own lot is ideally located right West of the downtown Superstore. Strong three-year NNN lease renewal just resigned with same strong tenant for the past 10+years. building produces around an 8% cap rate on a solid 3 year average, based on asking price. Cinder block building on slab. Future opportunity exists to split building into two if desired (previous rear 4000 sq ft section was a mechanic shop and the front 1,600 was a retail space) regular maintenance & improvements to roof, HVAC, Windows, LED Lighting and exterior facade, have all been completed in the last several years. Good investment, strong return, great location. Please do not approach business/ workers regarding the building sale.
Property TypeRetail
Building Size5,607 ft²
Lot Size0.30 AC
MLS® IDA2096220
ZoningDC(28)
Year Built1964
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Up to $500K for Alberta businesses
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