Nicholas J Golden
RE/MAX Professionals
Courtesy of Nicholas J Golden of
RE/MAX Professionals
9921 101 Street
Morinville
T8R 1G2
$799,000
Retail
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- E4352525
- Build. Type:
- Freestanding
- Photos (5)
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This is a great investment opportunity or better yet run your business from the main floor retail space of 2466 sq. ft and have the 2 upper apartments pay the mortgage. This newer investment property was built in 2013. Currently composing of 2 separate main floor retail spaces and 2 upper 2 bedroom apartments. The building was set up to be a condominium with 4 separate services. (Owner is willing to sell half (1 retail bay with 1 apartment). This well priced property has a good cap rate. Show and sell with confidence.
- Transaction Type:
- For Sale
- Property Type:
- Retail
- Construction:
- Concrete, Stone, Tilt-Up
- Building Type:
- Freestanding, Low Rise (2-4 stories)
- # Units:
- 4
- Tot Pkg Spaces:
- 8
- # Storeys:
- 2.0
- Year built:
- 2013 (Age: 10)
- Total Floor Area:
- 4,535 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- C01
- Plan:
- RN8
- Title to Land:
- Freehold
- LINC Number:
- 0010435718
- Num. of Parcels:
- 1
- Cap Rate %:
- 7.4
- Gross Operating Income:
- $74,400
- Other Income:
- $0
- Effective Gross Income:
- $74,400
- Net Operating Income:
- $60,613
- Total Oper. Expenses:
- $13,787
- Tot Expenses:
- $13,787
- Days On Website:
- 121 day(s)
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Data was last updated December 1, 2023 at 02:30 PM (UTC)
- NICK GOLDEN
- RE/MAX Professionals
- 1 (780) 4986437
- Contact by Email
Nicholas J Golden
RE/MAX Professionals
Address
12 Hebert RD
St Albert,
AB,
T8N 5T8