1006 / 1008 11 Avenue, High River
Commercial Property for Sale
- MLS®#: A2343935
- Price: $1,600,000
- Status: Active
- Year Built: 1998
AMAZING INVESTMENT OPPORTUNITY! This well-designed 4,897 sq. ft. commercial building, as well as, a fully occupied 4 Plex located next to the daycare. The commercial building is home to an established daycare with a long-term tenant and a lease in place for approximately 3 more years. The property is leased on a triple-net basis, providing the owner with an attractive and predictable income stream while minimizing landlord operating expenses. The building is ideally configured for daycare operations and features a welcoming lobby, multiple offices, 2 kitchens, 7 dedicated play areas, 9 two-piece bathrooms, laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use. The current lease provides a competitive cap rate, making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex, TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented, income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry, additional storage, a 4-piece bathroom, large living area and a spacious, functional kitchen. All four units are currently rented, generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio!
Contact Laura Ipsum About MLS® A2343935
Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3
property information
- Property Type: Commercial Property
- MLS®#: A2343935
- Year Built: 1998
- Restrictions: Underground Utility Right of Way
Community Information
- Address: 1006 / 1008 11 Avenue
- Neighbourhood: High River
- City: High River
- Postal Code: T1V 1P2
interior
- Included: None
- Fireplace Details: For Sale
Registration Benefits
By Creating an Account You'll Access:
- More High River Listings Browse through every listing in the MLS® System and do as many different searches as you like!
- Days on Website & Financial Info See protected details including Days on Website, Taxes, Condo Fees, Possession Dates, and more!
- Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
- Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Century 21 Foothills Real Estate
