This 1,220 sq. ft. commercial building is ideally situated just off Main Street, providing excellent visibility to local residents, tourists, and traffic en route to Slave Lake or Fort McMurray. The building is currently leased (triple net) to an anchor tenant on a 5-year term, with 2 years remaining and an option for renewal. The main level features an open retail space, offices, a staff room, and a full bathroom. Additionally, there is a full basement and an extension built at the back entrance connecting to the garage/warehouse space. The garage measures 26' x 32' and includes a large overhead door that opens to the back parking area and alley, facilitating easy deliveries. The property offers parking for up to 5 vehicles at the back, with additional Main Street parking available for customers. The current lease agreement does not grant the tenant use of the garage, presenting an opportunity to sublet that space or retain it for personal use while leasing the building. This property represents a great rental investment opportunity. (id:47421)
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Detailed Information
Lot
15.24 x 36.57 m
Lease Type
Other, See Remarks
Listing Contract Date
2024-05-23
Municipal ID
0010402675
Ownership Type
Freehold
# of Parking Spaces
5
Plan
5329AC
Property Type
Business
Transaction Type
For sale
Zoning Description
C1
Building
Constructed Date
1980
Cooling Type
None
Foundation Type
Poured Concrete
Heating Type
Other
Size (Exterior)
1224 square feet
Total Finished Area
1224 sqft
Land
Total Size
6000 square feet
Size of Irregular Land
6000.00
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