$1,690,000 Sale

Listed 164 days ago

100 Ave

MLS® 44802240 Retail

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$6,411/mo

Key Facts

Key facts for 100 Ave

Property Type

Commercial

Parking

MLS®

44802240

Size

Basement

Listed on

Lot size

Tax

Days on Website

Year Built

2021

Maintenance Fee

Description

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long...-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $84,187 in annual revenue, the income is scheduled to increase to $88,187starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.69 million (plus applicable GST), this represents a stabilized cap rate of approximately 5.27%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium

Full Property Details

Interior

Washrooms

Exterior

Parking Spaces

Total Parking Spaces

Parking Spaces

Total Parking Spaces

Building Description

Property Type

Retail

Home Type

Commercial

Subtype

Retail

Year Built

2021

Property Type

Retail

Home Type

Commercial

Subtype

Retail

Year Built

2021

Community

Sturgeon

Area

Sturgeon

Community

Sturgeon

Area

Sturgeon

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Adam Lindi

Email: [email protected] Cell: 780-257-4140