Property Details

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9823 116 Avenue
Grande Prairie (A2105912)

$1,799,000
11,000 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

16-17 Unit Multi Tenanted Commercial Building generating over Gross $180,000 a year at approx 7% Cap** - Prime location! The Macro Centre located on 116th and Resources Road right beside Prairie Mall Shopping Centre and all of it's foot traffic. This is a rare opportunity and offers a great chance to own a mixed use office/retail spot! With 11000 sq/ft including 11 separate office spaces upstairs and 4 ground floor retail spaces, look no further to build your portfolio and increase your passive income stream! Notable features new roof installed in 2023, long term leases in place, great for an owner operator or investor.

Property details

Basic Info

MLS® #
A2105912
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
VLA Montrose
Price
$1,799,000
Sale/Lease:
For Sale
Size:
11,000 sq.ft.
Year Built:
1976 (48 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Zoning:
CA

Materials & Systems

Roof:
Flat, Membrane

Listing Info

Possession:
Negotiable
Days on Market:
229
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Grassroots Realty Group Ltd.
1-833-477-6687

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