We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
4917 47 St, Camrose
2026-01-06
Quick Summary
MLS®#44106092
Property Description
Prime Value-Add Commercial Investment Opportunity – Camrose, AlbertaCAPITALIZATION RATE 7% - 14% WITH ADDITIONAL SPACEAn exceptional value-add commercial investment located in the heart of Camrose, Alberta, featuring a well-maintained Two-storey building anchored by The Marrow Restaurant & Lounge, a highly regarded upscale dining establishment and strong destination tenant.The property is currently leased on a triple-net basis and produces a solid 7% capitalization rate with the main floor tenant in place, offering immediate and stable cash flow.The true upside lies in the development potential of the additional two floors, consisting of approximately 6,000 square feet across the second floor and basement. These levels are well suited for a variety of uses (office, professional services, retail, or complementary hospitality concepts), providing a clear path for a new owner to significantly increase income. For Example:Existing Lease $13 a sq ft x 6000 sq ft = $78,000 base rent divided by $1.1 Million for building = 7% Cap RateDevelop the following spaceTop Floor @ $8.00 sq ft x 6000 sq ft = $48,000Basement @ $6.00 sq ft x 6000 sq ft = $36,000Total potential revenue base rent $162,000 = 14.7% Capitalization rate.Lots of power on site for Data Centers 800 AMP & 600 Volt.With full development and lease-up of the additional space, there is a strong opportunity to substantially increase net operating income and potentially double the capitalization rate, making this an ideal acquisition for investors seeking both income stability and long-term growth.Highlights:Two-storey commercial building with Full Basement Ceiling Height 94Anchor tenant: The Marrow Restaurant & Lounge (upscale, well-established)Triple-net lease with current 7% cap rateSignificant value-add and income-growth potentialPrime Camrose locationA rare opportunity to acquire a stabilized asset with immediate cash flow and exceptional upside. I have attached as well a business plan for a Banquet Facility in the second story. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 18000 sqft
Land
- Land Size: 12445.1878 sqft|under 1/2 acre
Information entered by Coldwell Banker Mountain Central
Listing information last updated on: 2026-01-10 15:02:48
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$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.
Send a Message
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
Learn more about the One Percent Realty Deal
Bhavya Soni Associate
.webp)
- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
Bhavya Soni is one of the top performing full-time agent of One Percent Realty. Her name has been pu ...
Full Profile