About 10203b 123 Street
Investor Alert! This exceptional opportunity features two buildings on a single title, perfectly suited for an owner-operator seeking tenant income to offset the mortgage or an investor looking for substantial upside potential. The first building offers 14,500 sq. ft. on approximately 1.64 acres and is leased to a strong, long-term tenant who has occupied the space since 2005, providing a reliable net operating income of $239,250 annually. The second building, spanning 11,500 sq. ft. on approximately 1.05 acres, is currently available for lease and includes 8,500 sq. ft. of warehouse space and 3,000 sq. ft. of well-appointed office space featuring a reception area, four offices, a large boardroom, a lunchroom, and a bullpen area. In total, this property encompasses 26,179 sq. ft. on 2.69 acres in a highly sought-after industrial park directly east of the Grande Prairie Airport. Don’t miss this must-see property that offers both strong cash flow and excellent growth potential. Call a Commercial Realtor© for more information or to book a showing today.
Features of 10203b 123 Street
MLS® # | A2180449 |
---|---|
Price | $4,250,000 |
Bathrooms | 0.00 |
Acres | 2.69 |
Year Built | 2004 |
Type | Commercial |
Sub-Type | Industrial |
Status | Active |
Community Information
Address | 10203b 123 Street |
---|---|
Subdivision | Brochu Industrial. |
City | Grande Prairie |
County | Grande Prairie |
Province | Alberta |
Postal Code | T8V 8B7 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Fireplace | No |
---|---|
Has Basement | No |
Additional Information
Date Listed | December 5th, 2024 |
---|---|
Days on Market | 17 |
Zoning | IG |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Grande Prairie |
---|