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Home AB Peace River
10032 100 Street
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10032 100 Street $675,000
$675,000
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10032 100 Street
Peace River, Alberta T8S1S4

MLS® Number: A2170860

Listing 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 (29676238)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
Downtown
Subdivision Name
Downtown
Title
Freehold
Land Size
Unknown
Built in
1973
Annual Property Taxes
$13,089
Time on REALTOR.ca
45 days

Building

Building Features
Foundation Type
Poured Concrete

Measurements

Square Footage
6600 sqft
Total Finished Area
6600 sqft
Exterior Building Size
6600 sqft

Land

Other Property Information
Zoning Description
Commercial
Data provided by: Pillar 9™
Andy Gauvreau