JN REAL ESTATE GROUP

Downtown

LIST PRICE

$475,000

10037 100 , Peace River · T8S1S5

BUILT 1974

MLS A2319048 · 47 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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 about 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.

DETAILS

BUILDING

TYPE
Mixed Use
YEAR BUILT
1974
ROOF
Membrane
FOUNDATION
Poured Concrete

COMMUNITY

COMMUNITY
Downtown
ZONING
Commercial
POSTAL CODE
T8S1S5

UTILITIES & COSTS

HEATING
Mid Efficiency · Forced Air · Natural Gas
COOLING
Central Air
ANNUAL TAXES
$9,577

LISTING COURTESY OF ANDY GAUVREAU · CENTURY 21 TOWN AND COUNTRY REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.