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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Central Business District
MLS® Listing ID A2147829
Year Built 1960
Annual Tax Amount $25,775
Tax Year 2024
Property Sub-Type Mixed Use
Source Grande Prairie
Property Description
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.
Location
Province AB
County Grande Prairie
Zoning CC
Others
Restrictions None Known
Tax ID 91991867
Ownership Private
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Listed by RE/MAX Grande Prairie