Grande Prairie, AB T8V 4B4,9823 116 AVE
Grande Prairie, AB T8V 4B4,9823 116 AVE
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$ 1,799,000
Est. payment | /mo

Save
$ 1,799,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Vla Montrose

MLS® Listing ID A2105912

Originating Board Grande Prairie

Year Built 1976

Annual Tax Amount $22,070

Tax Year 2024

Property Description

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.

Location

Province AB

County Grande Prairie

Zoning CA

Exterior

Roof Type Flat,Membrane

Others

Restrictions None Known

Tax ID 83544739

Ownership Private

Listed by Sutton Group Grande Prairie Professionals

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter