Property ID: A2025658
$3,199,000
OWNER/USER OR INVESTMENT OPPORTUNITY STRATEGICALLY LOCATED IN THE SOUTHWEST CORNER OF THE CITY OF GRANDE PRAIRIE, ALBERTA. A unique multi-tenant property with a fully fenced & graveled 4 acre yard. The main building offers 20,300sq.ft. currently set-up as four separate units. The secondary stand-alone building is 5600sq.ft. for a total of 25,900sq.ft. of rentable space. Currently three tenant in place with favourable lease terms and two vacant units which can allow flexibility as an owner/user. The property has been well maintained with routine maintenance completed on all major capital items such as roof, mechanical, electrical & plumbing. Projected N.O.I. at 100% occupancy is $283,000+/- annually which correlates to a great return on investment at the aggressive asking price. This property is truly a unique combination of functionality, location, yard space and investment opportunity that will be hard to match in the Grande Prairie market. Grande Prairie offers a diverse economy with energy, agriculture, forestry & innovation which allows investors to mitigate vacancy risk and optimize potential returns. Call a Commercial Broker today for further information and to arrange a site tour. (id:12516)
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- Lot Size:0
- Property Type:Industrial
- Size:25900 square feet
- Waterfront:No
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- Year Built:1997
- Listing Office:eXp Realty