10201 100 Av - Retail FOR SALE


Morinville, AB T8R 1P9
$457,000 CAD
587-409-8273

NO PHOTO

$457,000 CAD
Retail - FOR SALE
null | 8% Cap Rate

10201 100 Av
Morinville, AB T8R 1P9


HIGHLIGHTS

  • Right on Main street in Morinville
  • Close to the Civic Center
  • Building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating.

OVERVIEW

Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building boasts over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio

FOR SALE DETAILS

PRICE

$457,000 CAD

PRICE/SF

$111 CAD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim GartnerMaxwell ProgressiveMore Info
587-409-8273

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Tim GartnerMaxwell ProgressiveMore Info
587-409-8273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.