4930 53 Avenue - MLS® # A2096220
$1,100,000
Property Details
Living Area:
0 sqft.
Taxes:
N/A
Type:
Retail (Commercial)
Style:
N/A
Basement:
Description
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.
Listing Provided By
Century 21 Advantage
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CONTACT
- Name:Laurie Wacher
- Phone:403-845-5588
- Mobile:403-506-6680
- Fax:403-845-5524
- Email:
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Address
- 5107 - 50 Street, Box 368
- Rocky Mountain House, Alberta
- T4T1A3