Property Details

4804 50 Street - Spirit River

Property ID: A1034558

$1,100,000
12729 square feet
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Ideal investment property well established in a small community. Anchor tenants and successful businesses fill up this building. Known as the Spirit River Mall there are 5 tenants. IGA consumes approx. 60% of the space, there is a restaurant a local favorite in town, a successful flower & gift shop, long standing liquor store & Co-operators insurance branch rounds out the roster. Co-operators has it's own exterior access, Liquor store has both exterior and interior access from the common area. The building has a 710 square foot common area that provides access to 4 shops and has 2 recently updated public bathrooms. IGA pays for own utilities for the West half the building. All other tenants in the East half; utilities are included in monthly rent. Heat / Cooling combo units are Carrier roof top units there are 4 total (2 for East half & 2 for West). Roof is Metal Clad sloped and was inspected 4 years ago. IGA 6980 sqft, Liquor Store 1640 sqft, Flower shop 950 sqft, Co-operators, 1197 sqft, Restaurant 833 sqft. 6 Bathrooms total; 2 public washrooms in common area, 2 in Co-operators office, 1 staff bathroom in IGA, & 1 staff washroom in flower shop. This property is priced below appraised value and would provide turn key income! Call a Realtor for more details. (id:12516)

  • AC:Central air conditioning
  • Bathrooms:0
  • Bedrooms:
  • Flooring:Carpeted,Tile
  • Heating:,Natural gas,
  • Lot Size:1.37 acres
  • Property Type:Retail
  • Size:12729 square feet
  • Waterfront:No
  • Yard:Not fenced
  • Year Built:1983
  • Listing Office:All Peace Realty Ltd.