Joshua Torrence
(403) 601-5159

Century 21 Foothills Real Estate
403-652-2121

104 3 Avenue SE
  High River , Alberta   T1V 1G3
Disclaimer - It is your responsibility to perform the appropriate due diligence to verify information provided by users or third parties on this website or in subsequent interactions. For more information see our website’s Terms of Use.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

104 3 Avenue SE For Sale

$1,795,000
High River, Alberta

Transaction Type
For Sale
Zoning
CBD
Year Built
1980
Property Type
Commercial
Building Area (Sq. Ft.)
10357.00

Listing ID: 35279
MLS ID: A2310441
Welcome to Heritage Village!! A fully leased multi-tenant retail investment opportunity, located downtown High River! This property offers investors cash flow with significant upside potential. The property features a strong mix of food, retail, beauty, and service-oriented tenants, anchored by a long-term Pizza 73 lease extending through 2036. The building is approximately 10,000sqft, generates stable income and has below market rental rates, that provide for future growth. Allowing investors to further enhance NOI and long-term value. This is an excellent opportunity for dependable income in a growing Southern Alberta/High River market, that has a strong community and limited retail inventory. Investment highlights include - Fully leased retail strip, diversified tenant mix, long-term Pizza 73 anchor lease, stable annual NOI, below-market in-place rents with upside potential, strong exposure in downtown High River, attractive investment for passive income and long-term appreciation. This building is ideal for, hold-and-grow portfolios, passive income buyers or anyone looking to become a commercial real estate investor in the province of Alberta. Confidential lease and financial information available upon request - NDA required. Please do not approach or interrupt the tenants and their day to day operations.
Transaction Type
For Sale
Zoning
CBD
Subdivision
NONE
Year Built
1980
Structure Type
Retail
Property Type
Commercial
Property Sub Type
Retail
Legal Plan
5743J
Building Area (Sq. Ft.)
10357.00
Building Area (Sq. M.)
962.19
Inclusions
N/A
Restrictions
None Known
Reports
Environmental Phase 1,Leases,Title

More Items You May Like

Here are some additional items that you may be interested in.

Get business tips straight to your inbox

Our team of industry experts has over 30 years of experience in business development. Get business tips and tricks for every stage of the business life cycle delivered straight to your inbox each week. You’ll also be the first to hear about new and updated listings in your searches.

Sign Up