$4,000,000
$4,125,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
1.87 Acres Lot
SOLD DATE : 08/21/2023
Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Northgate
MLS® Listing ID A2037047
Sold Date 08/21/23
Originating Board Grande Prairie
Year Built 1995
Annual Tax Amount $95,068
Tax Year 2022
Lot Size 1.866 Acres
Acres 1.87
Property Description
This is a must see for any investor looking for a 10% cap rate to earn a stable return on a multi-tenant business center in the heart of Grande Prairie. This property offers 26,722 SF of leasable space directly across from the Prairie Mall and backing onto 116 Ave which offers exposure to a traffic count of over 25,000 vehicles per day. Currently with only 2,784 square feet available for lease and affordable retail locations in short supply, this location is ideal for any investor or owner/operator in the market. Call the listing Realtor© for more information or to book a showing today.
Location
Province AB
County Grande Prairie
Zoning CA
Others
Restrictions None Known
Tax ID 75909817
Ownership Private
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