Address
10833 97 Avenue Grande Prairie, AB
Price
$ 2,500,000
Property Attributes
  • ID#A1114193
  • TypeCommercial
  • CityGrande Prairie
  • NeighbourhoodRichmond Industrial Park
  • Postal CodeT8V 4Y9
  • Style
  • Price$ 2,500,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20388
  • Lot Size1.56 Acres
Listing Provided Courtesy Of:
Samuel Isley-Burt with eXp Realty
Data Source:
RLP - CREA EN
Property Description

***INVESTMENT OPPORTUNITY*** Building Only. Tenant has been in place for 30+ years, currently 8% CAP Rate with tenant in place until a minimum of April 30th 2028 (More than SIX years). The property has a paved front lot & a gravel yard (which is fully fenced) on a 1.56 acre corner lot right off of 108st/Highway 40, which provides great visibility & easy oversized vehicle access. The main building is 16,508sqft (1200sqft of that being office space) & features 6 bays (with 6 OHD’s), Sumps in 3 of the bays, multiple air compressors, hot pressure washer, multiple welding plugs & air lines throughout whole shop, engineered air, four 5 ton cranes, four 2 ton jib cranes, Shop/yard security system/cameras, locker room on an upper mezzanine (additional 1806sqft), & one shop office. The main office area downstairs has 3 offices, one 2 piece bathroom, & a large reception area. The upstairs of the office connects to the upper mezzanine of the shop and features one 3 piece bathroom, 2 offices, & the staff lunchroom. The secondary shop is 3880sqft and features one 3 ton crane, 1 office, one 2 piece bathroom, storage/locker area, upper mezzanine pallet storage, & an air compressor. There were building renovations in 2005/06 totaling $46,113.78 & a staff lunchroom renovation in 2012 totaling $30,520.37. Listing agent is related to the seller.

Exterior Features

Lot Size 67954
Jumpid 15225864

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T8V 4Y9

Price
AVG $2.5M
$2.5M
Visits
AVG 32
31
Walkscore
AVG 43
43
Data Provided by Walkscore ® not using MLS data