This property is listed by Timothy Baker of RE/MAX Real Estate.
Data was last updated 2024-11-30 at 02:16:39 GMT
The perfect investment or property to house your existing business in. At 3867 sq ft and currently 4 units rented in the building with zero vacancy, this building is ready for a new owner. Current Net Income is just under $40,000 making it a 6% cap rate after expenses. However the rates are low so there is tons of potential to get the rates up to market standards or call it home for your existing business. New roof in 2015, 2 new heat exchangers. Extremely well maintained building.
Listing Information
- Prop. Type:
- Retail
- Status:
- Active
- City:
- Fort Saskatchewan
- MLS® Number:
- E4403163
- Neighbourhood:
- Old Fort Saskatchewan
- Area:
- Fort Saskatchewan
- Province:
- AB
- Listing Price:
- $650,000
General Information
- Year Built:
- 1974
- Zoning/Land Use Code:
- For Sale
- Region:
- Fort Saskatchewan
Additional Information
- Plan:
- O
- Legal Block:
- 11
- Legal Lot/Unit:
- 27
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Freestanding
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.