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$999,900
Est. payment /mo
20,909 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 20,909 sqft
Price per Sqft $47
Subdivision Central Business District
MLS® Listing ID A2147829
Originating Board Grande Prairie & Area Association of REALTORS®
Year Built 1960
Property Description
Generational Opportunity to Acquire a revenue generating property in the Downtown Core!! This mixed-use building offers three floors of space totaling 20,909 sq.ft. A rare feature is the adjacent parking lot which features 24+ parking stalls. The property has underwent many recent upgrades with 80%+ of the building having new flooring, paint, lighting, finishings. A wide ranging tenant mix offers a solid return on investment and vacant spaces could also allow for a portion of the building to be used for owner-occupancy. The surrounding infrastructure has already been upgraded through the city of Grande Prairie downtown rehabilitation project so no further interruptions should be expected. New developments in the area include a 4-storey & 12-storey mixed use commercial/residential buildings. Potential N.O.I. can exceed $225,000/year. Call a Commercial Realtor today to obtain more information and to arrange a viewing. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX Grande Prairie
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552