Courtesy of Bernard G Lefebvre and Ryan J Lefebvre of Coldwell Banker Lifestyle

1020 8 Avenue
Cold Lake North Cold Lake T9M 1N8

$1,235,000
Retail

Main Photo: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Photo 1: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Photo 2: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Photo 3: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Photo 4: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Photo 5: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
Status:
Active
Prop. Type:
Retail
MLS® Num:
E4301420
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Commercial Mix
Great investment opportunity with this fully leased 10,000 sq/ft commercial building located on 12 Street and highway 28 with excellent visibility and high traffic location. This newly renovated building has seen the roof replaced, new siding and HVAC's. This multi (5 tenants in total) tenant commercial stripe mall is fully leased with a great return.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Retail
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Construction:
Concrete Block
Building Type:
Commercial Mix, Strip Mall
# Bldgs:
1
# Units:
0
Tot Pkg Spaces:
9
# Storeys:
1.0
Year built:
1979 (Age: 45)
Total Floor Area:
10,010 sq. ft.
Lot Area:
0 sq. ft.
Plan:
4262HW
Title to Land:
Freehold
LINC Number:
0018176842
None Known
HVAC:
Rooftop
Power Type:
Three Phase
Num. of Parcels:
1
Cap Rate %:
8.19
Gross Operating Income:
$141,566
Net Operating Income:
$101,170
Total Oper. Expenses:
$40,396
Days On Website:
755 day(s)
  • Photo 1: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
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  • Photo 2: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
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  • Photo 3: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
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  • Photo 4: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
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  • Photo 5: 1020 8 Avenue: Cold Lake Retail for sale : MLS®# E4301420
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Data was last updated July 18, 2024 at 12:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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