42
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$2,700,000
Est. payment /mo
23,408 SqFt
Active
9620 112 Street Grande Prairie, AB T8V5N5
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,408 sqft
Price per Sqft $115
Subdivision Richmond Industrial Park
MLS® Listing ID A2193954
Originating Board Grande Prairie & Area Association of REALTORS®
Year Built 1978
Lot Size 2.070 Acres
Acres 90169.2
Property Description
Investment opportunity with near 10% CAP rate with great long term tenants. This property has 2 buildings on the property with Triple "A" tenants, located in a high traffic area. Building One has a 4 year lease in place and a new roof in 2024, 10,010 sq. ft., office mezzanine - 3,360 sq. ft. and parts mezzanine 1,787 sq. ft. for a total of 15,157 sq. ft., private fenced yard and 600 amp main service. This building is currently leased to one tenant occupying 4 spaces with 4 services which can easily be reverted for multiple tenants in the future. Building Two - 12,348 sq. ft. on main floor with 896 sq. ft. of mezzanine storage. Roof is metal, 200 amp electric service. 4 - 16 ft. x 14 ft. O.H. doors. paved front yard, and private graveled yard with chain link fencing. Building 2 is currently leased to one tenant but has 3 separate leasable spaces, with 3 services for future tenants if required. Both buildings of steel and concrete block construction. Both building are in very good condition and been well maintained with upgraded HVAC in both buildings. Excellent return with annual gross income of $373,920 per year. (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Sutton Group Grande Prairie Professionals