Courtesy of Nicholas J Golden of RE/MAX Professionals

10011- 106 Street
Westlock Westlock T7P 2K3

$639,900
Office

Main Photo: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
Photo 1: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
Photo 2: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
Photo 3: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
Status:
Active
Prop. Type:
Office
MLS® Num:
E4276807
Build. Type:
Freestanding
“This is an excellent opportunity to acquire this mixed Retail/Office building that is also in excellent condition. This office/retail building has a good mix of great tenants. The current owners have maintained the building and some of the more recent upgrades were heating system, paint, lights, front façade. There is a large parking lot at the rear of the building and plenty of street parking. The projected income for 2022 is $112,020.00, the expenses are projected at $38,640.74. A projected cap rate for 2022 at 11.47%, makes this a great opportunity for you. This would be a great acquisition to add to your portfolio. All leases are single net, owner pays all utilities, taxes, insurance, ect. Show and sell with confidence.”
Transaction Type:
For Sale
Property Type:
Office, Retail
Construction:
Concrete Block
Building Type:
Freestanding, Office Building, See Private Remarks
# Units:
0
Year built:
1977 (Age: 45)
Total Floor Area:
9,541 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
R2
Plan:
7432AN
Title to Land:
Fee Simple
LINC Number:
0015824915
Num. of Parcels:
1
Cap Rate %:
9.11
Effective Gross Income:
$91,620
Net Operating Income:
$58,294
Total Oper. Expenses:
$33,325
Tot Expenses:
$33,325
Entry date:
Feb 11, 2022
  • Photo 1: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
    Photo 1 of 3
  • Photo 2: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
    Photo 2 of 3
  • Photo 3: 10011- 106 Street: Westlock Office for sale : MLS®# E4276807
    Photo 3 of 3
Data was last updated May 24, 2022 at 08:30 PM (UTC)
Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.