2703/2707 50 Avenue, Lloydminster, Saskatchewan

$1,650,000

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About 2703/2707 50 Avenue

For sale in Lloydminster, Alberta, is a prime commercial property that represents an outstanding investment opportunity. This property features two separate buildings, both of which are fully leased to strong, reliable tenants: H&R Block and a busy medical centre with an in-house pharmacy. Constructed in 2008, these modern buildings have been meticulously maintained and are in excellent condition. The long-term leases in place with these established tenants provide a stable and predictable income stream. An attractive feature of this investment is its cap rate, which stands at just over 8.12%, underscoring the property's profitability. This commercial real estate offering in Lloydminster is a lucrative option for investors seeking a robust and stable entry into the market or a great addition to a portfolio.

Facts & Features of 2703/2707 50 Avenue

MLS® # A2095361
Price $1,650,000
Bathrooms 0.00
Acres 0.00
Year Built 2008
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 2703/2707 50 Avenue
Subdivision Aurora
City <a href="/idx/?refine=true&feed=pwmls&search_location=Lloydminster"><u>Lloydminster</u></a>
County Lloydminster
Province Saskatchewan
Postal Code <a href="/idx/?refine=true&feed=pwmls&search_location=S9V+2A8"><u>S9V 2A8</u></a>

Amenities of 2703/2707 50 Avenue

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Construction Wood Frame

Additional Information

Date Listed November 27th, 2023
Days on Market 207
Zoning C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX OF LLOYDMINSTER

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