19
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$4,250,000
Est. payment /mo
2.69 Acres Lot
Active
10203B 123 ST Grande Prairie, AB T8V 8B7
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UPDATED:
12/11/2024 10:05 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Brochu Industrial
MLS® Listing ID A2180449
Originating Board Grande Prairie
Year Built 2004
Annual Tax Amount $80,033
Tax Year 2024
Lot Size 2.690 Acres
Acres 2.69
Property Description
Investor Alert! This exceptional opportunity features two buildings on a single title, perfectly suited for an owner-operator seeking tenant income to offset the mortgage or an investor looking for substantial upside potential. The first building offers 14,500 sq. ft. on approximately 1.64 acres and is leased to a strong, long-term tenant who has occupied the space since 2005, providing a reliable net operating income of $239,250 annually. The second building, spanning 11,500 sq. ft. on approximately 1.05 acres, is currently available for lease and includes 8,500 sq. ft. of warehouse space and 3,000 sq. ft. of well-appointed office space featuring a reception area, four offices, a large boardroom, a lunchroom, and a bullpen area. In total, this property encompasses 26,179 sq. ft. on 2.69 acres in a highly sought-after industrial park directly east of the Grande Prairie Airport. Don’t miss this must-see property that offers both strong cash flow and excellent growth potential. Call a Commercial Realtor© for more information or to book a showing today.
Location
Province AB
County Grande Prairie
Zoning IG
Others
Restrictions None Known
Tax ID 91979941
Ownership Other
Listed by RE/MAX Grande Prairie