Jerry Rush
(403) 352-6775
Royal Lepage Network Realty Corp.
403-887-2286
5000 Lakeshore Drive
Sylvan Lake , Alberta T4S 1R3
Sylvan Lake , Alberta T4S 1R3
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Bakery,Clothing ,Gift Shop ,Mixed For Sale
$2,750,000
Sylvan Lake, Alberta
Transaction Type
For Sale
Days On Market
293
Business Name
Sweet Home on the Lake
Business Type
Bakery,Clothing ,Gift Shop ,Mixed
Zoning
LDC
Year Built
2003
Property Type
Commercial
Building Area (Sq. Ft.)
9240.00
Lot Size (Sq. Ft.)
5919
Listing ID: 19233
MLS ID: A2014717
REVENUE INVESTMENT PROPERTY totally leased out with long term solid tenant in place. BEST LOCATION in Central Alberta with 2 balconies right over the lake and private off street parking. Triple net lease with escalating Base Rent. This means that unlike residential leases the landlord nets the Base rent as the tenant covers all the operating costs including taxes, insurance, R&M, utilities, snow removal etc. etc. via the Additional Rent. Another bonus over residential income properties is that your tenant is a pleasant easy to work with business couple.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
293
293
Business Name
Sweet Home on the Lake
Sweet Home on the Lake
Business Type
Bakery,Clothing ,Gift Shop ,Mixed
Bakery,Clothing ,Gift Shop ,Mixed
Zoning
LDC
LDC
Subdivision
Downtown
Downtown
Building Type
Free-Standing
Free-Standing
Year Built
2003
2003
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
0221204
0221204
Building Area (Sq. Ft.)
9240.00
9240.00
Building Area (Sq. M.)
858.42
858.42
Lot Size (Sq. Ft.)
5919
5919
Lot Size (Acres)
0.14
0.14
Footprint (Sq. Ft.)
3080
3080
Construction Type
Composite Siding
Composite Siding
Roof
Asphalt Shingle
Asphalt Shingle
Foundation
Poured Concrete
Poured Concrete
Cooling
Central Air
Central Air
Heating
Natural Gas
Natural Gas
Commercial Amenities
Cooler(s),Elevator Freight,Exhaust Fan(s),Kitchen,Parking-Extra
Cooler(s),Elevator Freight,Exhaust Fan(s),Kitchen,Parking-Extra
Inclusions
Kitchen equipment and specific furnishings owned by landlord.
Kitchen equipment and specific furnishings owned by landlord.
Restrictions
None Known
None Known
Reports
Formal Lease,Plot Plan,RPR with Compliance,Title
Formal Lease,Plot Plan,RPR with Compliance,Title
