10032 100 Street, Peace River

2024-10-04
 

Quick Summary

Location
10032 100 Street, Peace River, Alberta T8S1S4
Price
$675,000 CAD
Status:
For Sale
Property Type:
Other
Area:
6600ft2
Year of Construction:
1973

MLS®#A2170860

Property Description

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 (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 6600 sqft
  • Building Type: Commercial Mix

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: Commercial

Information entered by Century 21 Town and Country Realty
Listing information last updated on: 2024-10-04 18:15:31


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

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