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$1,600,000

0 Beds 0 Baths 4,897 SQFT 1761.60 Acres
Type: Commercial

1006 / 1008 11 Avenue
High River, AB T1V1P2

MLS#: A2343935
Jai Bahl
Jai Bahl
Condo Digs
Sales Representative
Phone: 416.836.7575
Office: 647.259.8806
Presented by: Century 21 Foothills Real Estate

Property Description

 

AMAZING INVESTMENT OPPORTUNITY! This well-designed 4,897 sq. ft. commercial building, as well as, a fully occupied 4 Plex located next to the daycare. The commercial building is home to an established daycare with a long-term tenant and a lease in place for approximately 3 more years. The property is leased on a triple-net basis, providing the owner with an attractive and predictable income stream while minimizing landlord operating expenses. The building is ideally configured for daycare operations and features a welcoming lobby, multiple offices, 2 kitchens, 7 dedicated play areas, 9 two-piece bathrooms, laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use.The current lease provides a competitive cap rate, making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex, TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented, income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry, additional storage, a 4-piece bathroom, large living area and a spacious, functional kitchen. All four units are currently rented, generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio! (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Living Area Range4,897 sqft

General

Building TypeOffices
Property TypeOffice
Zoning DescriptionTND

Additional Details

  

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$1,600,000

0 Beds 0 Baths 4,897 SQFT 1761.60 Acres
Type: Commercial

1006 / 1008 11 Avenue
High River, AB T1V1P2

MLS#: A2343935
Jai Bahl
Jai Bahl
Condo Digs
Sales Representative
Phone: 416.836.7575
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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