About 9823 116 Avenue
16-17 Unit Multi Tenanted Commercial Building generating over Gross $180,000 a year at approx 7% Cap** - Prime location! The Macro Centre located on 116th and Resources Road right beside Prairie Mall Shopping Centre and all of it's foot traffic. This is a rare opportunity and offers a great chance to own a mixed use office/retail spot! With 11000 sq/ft including 11 separate office spaces upstairs and 4 ground floor retail spaces, look no further to build your portfolio and increase your passive income stream! Notable features new roof installed in 2023, long term leases in place, great for an owner operator or investor.
Features of 9823 116 Avenue
| MLS® # | A2105912 |
|---|---|
| Price | $1,799,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1976 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 9823 116 Avenue |
|---|---|
| Subdivision | VLA Montrose |
| City | Grande Prairie |
| County | Grande Prairie |
| Province | Alberta |
| Postal Code | T8V 4B4 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Flat, Membrane |
|---|
Additional Information
| Date Listed | March 22nd, 2024 |
|---|---|
| Days on Market | 229 |
| Zoning | CA |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Sutton Group Grande Prairie Professionals |
|---|