10032 100 Street, Peace River, Alberta

$675,000

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About 10032 100 Street

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

Features of 10032 100 Street

MLS® # A2170860
Price $675,000
Bathrooms 0.00
Acres 0.00
Year Built 1973
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 10032 100 Street
Subdivision Downtown.
City Peace River
County Peace No. 135, M.D. of
Province Alberta
Postal Code T8S1S4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Flat Torch Membrane
Foundation Poured Concrete

Additional Information

Date Listed October 3rd, 2024
Days on Market 28
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Town and Country Realty

Listing Map