Generational Opportunity to Acquire a revenue generating property in the Downtown Core!! This mixed-use building offers three floors of space totaling 20,909 sq.ft. A rare feature is the adjacent parking lot which features 24+ parking stalls. The property has underwent many recent upgrades with 80%+ of the building having new flooring, paint, lighting, finishings. A wide ranging tenant mix offers a solid return on investment and vacant spaces could also allow for a portion of the building to be used for owner-occupancy. The surrounding infrastructure has already been upgraded through the city of Grande Prairie downtown rehabilitation project so no further interruptions should be expected. New developments in the area include a 4-storey & 12-storey mixed use commercial/residential buildings. Potential N.O.I. can exceed $225,000/year. Call a Commercial Realtor today to obtain more information and to arrange a viewing. (id:13843)
MLS# | A2147829 |
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Listing Type | For Sale |
Status | Active |
Year | 1960 |
Days On Site | 287 |
Listing Provided By | RE/MAX Grande Prairie | Brooks Hoffos |
SQ Feet | 20,909 |
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Zoning | CC |
Province | AB |
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City | Grande Prairie |
Postal Code | T8V0Y3 |
Community Name | Central Business District |
Listing VS Median (In Central Business District) | |
Price: $999,900 low | high Med: $1,550 SqFt: 20,909 low | high Med: 841 $ / SqFt: $48 low | high Med: $2 On site: 287 low | high Med: 54.500000 |