Peace River, AB T8S1S4,10032 100 ST
Peace River, AB T8S1S4,10032 100 ST
Peace River, AB T8S1S4,10032 100 ST
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$675,000
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10032 100 ST Peace River, AB T8S1S4

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UPDATED:

10/04/2024 06:50 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS® Listing ID A2170860

Year Built 1973

Property Description

Here is a great opportunity for the astute investor!!! This building is completely occupied with a diverse group of quality tenants and all are in 3 or 5 year leases with the majority of the tenants only a few month into the lease. The main floor with ground level access both front and back has 3 long term tenants occupying approx 6400 +/- sq ft with the remainder storage, bathrooms or stairway. The lower lever has a non profit organization renting approx 5000 sq ft with the balance storage space. The NPO also allows the property to receive a tax credit of approx $5600 per year. There are 4 - 2 piece bathrooms throughout and 1 - 3 piece bathroom along with a kitchen area that is part of one tenants space. There has been many upgrades over the past few years and the building has an a net operating income that easily allows standard debt servicing and creating a reserve for future maintenance, repairs and upgrades

Location

Province AB

County Peace No. 135, M.d. Of

Zoning Commercial

Interior

Inclusions NA

Exterior

Roof Type Flat Torch Membrane

Building

Dwelling Type Multi Unit

Foundation Poured Concrete

Others

Restrictions None Known

Tax ID 56570163


Listed by Century 21 Town and Country Realty

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10032 100 ST