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5002 51 ST
Listed by Sid Sadik of MaxWell Polaris And Deepak Chopra of MaxWell Progressive.
$1,225,000 MLS®# : E4052383
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Summary
"REDUCED"! Commercial Real Estate Investment Property is being sold as Land and Building Only but there is an opportunity for owner occupied situation as well. Free Standing Commercial Building Located in Grassland, AB (Athabasca County). Situated on Main Highway 63, 1.5 hours from Edmonton. Halfway between Edmonton and Fort MacMurray. Built in 2001/2008, 4000 Sqft , 0.89 acres, 3 Commercial Retail Units. Tenants include: Fast Food restaurant and a Liquor Store. Great steady income, Low expenses, overhead, maintenance and Yearly rent increases in place. Gross income: $9,000/Month, Gross Potential Income: $11,500/Month, Cap Rate 7.59%, Potential Cap Rate 10.05% and a $92,939.77 NOI. Price Includes: Land, building, fixtures, equipment and furnishings
Listing Information
Prop. Type
Business with Property
Status
Active
City
Grassland
MLS® Number
E4052383
Neighbourhood
Grassland
Area
Athabasca
Province
AB
Listing Price
$1,225,000
General Information
Year Built
2001
Zoning/Land Use Code
For Sale
Region
Athabasca
Additional Information
Quarter
Southwest
Plan
0
Legal Block
0
Legal Lot/Unit
0
Other Information
Land Size Acres
0.89
Land Size Hectares
0.36
Major Business Type
General Retail
Zoning/Land Use
CB1
Building Type
Freestanding, Shopping Centre, Strip Mall
Range
18
Site Influences
Highway Frontage, High Traffic Area, Level Land, Visual Exposure, Back Lane, Highway Access
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This property is listed by Sid Sadik of MaxWell Polaris And Deepak Chopra of MaxWell Progressive and provided here courtesy of Doug McGill. For more information or to schedule a viewing please contact Doug McGill.


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