4411 59 Street, Stettler

2026-08-01
 

Quick Summary

Location
4411 59 Street, Stettler, Alberta T4K1J1
Price
$950,000 CAD
Status:
For Sale
Property Type:
Business
Area:
7000 sqft
Garages:
20
Year of Construction:
1979

MLS®#A2333818

Property Description

INVESTMENT OPPORTUNITY – GRAND VIEW PLAZA! An excellent opportunity to own a fully leased commercial property offering strong income, long-term tenancy and minimal owner involvement. Grand View Plaza generates $8,450 per month in base rental income, or $101,400 annually, plus GST, with all three spaces secured by triple-net leases. Current rents include $2,700/month for the liquor store, $1,500/month for the barber shop, and $4,250/month for the grocery store business and bay. Two new five-year leases and one new three-year lease are in place. Tenants are responsible for their respective operating expenses as set out in the leases, including property taxes, insurance, utilities, and their own snow removal.The plaza benefits from two established, long-term tenants who intend to stay, along with an exciting new business expected to bring additional traffic to the property. Significant capital improvements have already been completed, including a new roof and all four rooftop heating and air-conditioning units in 2019, plus replacement windows in the liquor store in 2022.Located along a busy corridor just off Highway 56, Grand View Plaza offers excellent accessibility, easy vehicle access and a large parking lot.Adding another unique layer to this investment, the sale includes ownership of the Grand View Grocery business, along with the equipment, shelving and fixtures used to operate it. The grocery business and bay are currently leased under a new five-year agreement, providing rental income without requiring the purchaser to operate the store.With $101,400 in annual base rental income plus GST, triple-net leases, long-term tenancy, significant capital improvements already completed and minimal ongoing owner responsibilities, Grand View Plaza presents an attractive opportunity for an investor seeking high income with a hands-off ownership structure. Full lease and financial details are available to qualified buyers. (id:32467)

Property Features

Building

  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Concrete
  • Fireplace: No
  • Interior Size: 7000 sqft
  • Building Type: Commercial Mix

Land

  • Land Size: 0.4 ac|10,890 - 21,799 sqft (1/4 - 1/2 ac)

Ownership

  • Type: Freehold

Zoning

  • Description: C2

Information entered by Real Broker
Listing information last updated on: 2026-07-31 17:07:25


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$500,000

Your One Percent Realty Commission savings

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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?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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