$565,000
$625,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/17/2025
Key Details
Sold Price $565,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS® Listing ID A2170860
Sold Date 03/17/25
Originating Board Grande Prairie
Year Built 1973
Annual Tax Amount $13,089
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Here is a great opportunity for the astute investor!!! This building is mostly occupied with a diverse group of quality tenants with a solid base of rental revenue income. The main floor with ground level access both front and back has 2 tenants occupying approx 3200 +/- sq ft with a space available for rent of approx 3200 sq ft +/-. The remainder of the main floor is 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 fantastic rental potential with street level access to the main floor that will appeal to many tenants and will increase revenue from the space available
Location
Province AB
County Peace No. 135, M.d. Of
Zoning Commercial
Exterior
Roof Type Flat Torch Membrane
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 56570163
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty