Property Details

11020 89 Avenue
Grande Prairie (A2344412)

$2,299,000
19,310 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Prime Multi-Tenant Commercial Investment Opportunity! Great opportunity to acquire a well-positioned, fully leased multi-tenant commercial property in Grande Prairie’s Richmond Industrial Park. Situated on an expansive 1.9-acre lot, this property features over 19,000 sq.ft as a 10-bay multi-unit shop at approximately 1649 sq. ft. per bay with 14' overhead doors, bathroom and some bays feature flex mezzanine space. Four of the bays (2 on each end) include an additional 705 sq. ft. of well-appointed office space, providing flexible functionality for a variety of commercial and industrial tenants. The property is fully leased, with all tenants currently on month-to-month leases, offering an established income stream along with flexibility for future ownership and leasing strategies. An excellent opportunity to add a versatile, income-generating commercial property to your portfolio in one of Grande Prairie’s established industrial areas.

Property details

Basic Info

MLS® #
A2344412
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Richmond Industrial Park
Price
$2,299,000
Sale/Lease:
For Sale
Size:
19,310 sq.ft.
Year Built:
1977 (49 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Zoning:
IG

Listing Info

Possession:
Negotiable
Days on Market:
4
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