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$ 475,000
Est. payment | /mo
3,200 SqFt
$ 475,000
Est. payment | /mo
3,200 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3200
Square Footage 3,200 sqft
Price per Sqft $148
Subdivision Downtown
MLS® Listing ID A2319048
Year Built 1974
Property Description
Excellent investment opportunity with immediate income potential. This 3,200 sq. ft. commercial building is currently generating almost $60,000 in gross annual income and offers a flexible layout suitable for a variety of professional or commercial uses.The main floor features six private offices and two storage areas, providing workspace for multiple users or departments. There is also a large functional reception/client area that will fulfill the needs of many professionals such as lawyers, accountants, financial investment businesses as well as retail or general office use.The full basement adds significant additional space, including a coffee room, two bathrooms, multiple contained storage rooms, and a large open storage area, making the building highly practical for office, service, or administrative operations.The current tenant has about three years remaining on their lease, offering a secure income stream for approximately the next 40 months. The property will have flexibility of occupancy for a buyer especially if organizing for future use Whether you are looking for a reliable income-producing property or a future location for your own business, this building presents a rare opportunity with both cash flow and occupancy options. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Century 21 Town and Country Realty
Nearby Locations
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