9823 116 Avenue, Grande Prairie, Alberta

$1,875,000

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About 9823 116 Avenue

**Turnkey Fully Leased generating over Gross $180,000 a year at approx 7% Cap** - Prime location! The Macro Centre located on 116th and Resources Road right beside Prairie Mall Shopping Centre and all of it's foot traffic. This is a rare opportunity and offers a great chance to own a mixed use office/retail spot! With 11000 sq/ft including 10 separate office spaces upstairs and 4 ground floor retail spaces, look no further to build your portfolio and increase your passive income stream! Notable features new roof installed in 2023, leases in place, great for an owner operator or investor. Seller is open to creative financing oac.

Facts & Features of 9823 116 Avenue

MLS® # A2105912
Price $1,875,000
Bathrooms 0.00
Acres 0.00
Year Built 1976
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 9823 116 Avenue
Subdivision VLA Montrose
City <a href="/idx/?refine=true&feed=pwmls&search_location=Grande+Prairie"><u>Grande Prairie</u></a>
County Grande Prairie
Province Alberta
Postal Code <a href="/idx/?refine=true&feed=pwmls&search_location=T8V+4B4"><u>T8V 4B4</u></a>

Amenities of 9823 116 Avenue

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Flat, Membrane

Additional Information

Date Listed March 22nd, 2024
Days on Market 94
Zoning CA
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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