Property Details

Featured in:

Winners:

Featured in:

Winners:

5601 31 Street
Lloydminster (A2176122)

$1,475,000
10,186 ft²
Note: This property may have a conditional offer. Talk to us for details.
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

For Sale: Prime Investment Opportunity - 5-Bay Mini Mall in Lloydminster, Alberta. This meticulously maintained 5-bay mini mall offers an exceptional investment opportunity in a prime location within Lloydminster, Alberta. With a reliable lineup of long-term tenants and an attractive cap rate, this property is ideally suited for investors seeking a stable income-generating asset. Key Highlights: Long-Term Tenants: The mini mall has a robust tenant base, ensuring steady cash flow with low vacancy risk. These long-standing tenants are established businesses that bring consistent foot traffic and serve the needs of the local community. Strategic Location: Positioned across from local schools and within close proximity to Bud Miller Park, shopping centers, a hockey rink, and other popular amenities, the mall benefits from a high-visibility, high-traffic location. This prime spot appeals to both tenants and customers, enhancing the property's long-term desirability. Exceptional Maintenance Standards: The building's upkeep is managed by quality contractors under comprehensive service contracts, ensuring that both the exterior and interior are well-maintained with minimal interruptions. This commitment to maintenance not only preserves the property's aesthetic and structural integrity but also provides peace of mind for potential investors. Strong Cap Rate: This property offers an attractive cap rate, positioning it as an excellent income-generating asset with significant growth potential. This mini mall is an ideal investment for those looking to capitalize on the economic stability of Lloydminster and the enduring appeal of a well-located commercial property. Whether you are a seasoned investor or looking to diversify your portfolio, this property offers both security and potential for future appreciation. Don’t miss out on this prime investment opportunity in Lloydminster!

Property details

Basic Info

MLS® #
A2176122
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Steele Heights
Price
$1,475,000
Sale/Lease:
For Sale
Size:
10,186 sq.ft.
Year Built:
1984 (41 years old)

Building Info

Structure Type:
Retail
Building Name:
Parkview Plaza
Garage:
No
Fence:
Basement:
No
Inclusions:
TBD

Lot / Land Info

Lot Size:
0.82 acres
Lot Features:
Back Lane, City Lot, Corner Lot, Level, Paved
Zoning:
C3

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Negotiable
Days on Market:
181
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email