Andy Gauvreau
(780) 624-1300
Century 21 Town and Country Realty
780-624-1300
10037 100
Peace River , Alberta T8S1S5
Peace River , Alberta T8S1S5
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10037 100 For Sale
$475,000
Excellent investment opportunity with immediate income potential. This 3,200 sq. ft. commercial building is currently generating almost $60,000 in gross annual income and offers a flexible layout suitable for a variety of professional or commercial uses.
The main floor features six private offices and two storage areas, providing workspace for multiple users or departments. There is also a large functional reception/client area that will fulfill the needs of many professionals such as lawyers, accountants, financial investment businesses as well as retail or general office use.The full basement adds significant additional space, including a coffee room, two bathrooms, multiple contained storage rooms, and a large open storage area, making the building highly practical for office, service, or administrative operations.
The current tenant has just over three years remaining on their lease, offering a secure income stream for approximately the next 40 months. The property will have flexibility of occupancy for a buyer especially if organizing for future use
Whether you are looking for a reliable income-producing property or a future location for your own business, this building presents a rare opportunity with both cash flow and occupancy options.
Transaction Type
For Sale
For Sale
Zoning
Commercial
Commercial
Subdivision
Downtown
Downtown
Year Built
1974
1974
Structure Type
Mixed Use
Mixed Use
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
2587AZ
2587AZ
Building Area (Sq. Ft.)
3200.00
3200.00
Building Area (Sq. M.)
297.29
297.29
Roof
Membrane
Membrane
Foundation
Poured Concrete
Poured Concrete
Cooling
Central Air
Central Air
Heating
Mid Efficiency,Forced Air,Natural Gas
Mid Efficiency,Forced Air,Natural Gas
Inclusions
NA
NA
Restrictions
None Known
None Known
Reports
None
None