Property Details

Featured in:

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Featured in:

Winners:

114 Centre Street N
Sundre (A2236276)

$565,000
5,129 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

Investor Alert! Mailbox income in the downtown core of Sundre that houses a Florist and 30 Indoor Temperature Regulated Storage Units that are fully rented. This generates a nearly 7% cap. rate that can be increased over time. Absentee Management is a real plus but there is an office that is available to the owner. The High Security Monitoring System sends a notification when the storage area of the building is accessed and provides CCTV recording. Buyer must accept all tenancies until 08/31/2026 but is available for quick possession to the right buyer. Call for a private tour.

Property details

Basic Info

MLS® #
A2236276
Property Type:
Commercial
Subtype:
Retail
Subdivision:
NONE
Price
$565,000
Sale/Lease:
For Sale
Size:
5,129 sq.ft.
Year Built:
1977 (48 years old)

Building Info

Structure Type:
Retail
Building Name:
Mama and Papa's Storage
Garage:
No
Fence:
Basement:
No
Inclusions:
Freezer, Security System, Office Furniture, B/I Vacuum and Attachments, Material Handling Equipment

Lot / Land Info

Lot Size:
0.17 acres
Zoning:
C-1

Business Info

Business Name:
Mama and Papa's Storage
Business Type:
Storage

Materials & Systems

Roof:
Metal
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
Partial

Listing Info

Possession:
15 Days / Neg
Days on Market:
31
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Your Agent

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

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