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$4,250,000

10203B 123 Street, Grande Prairie, AB, T8V 8B7

MLS® # A2180449

26000.00 FEETSQ sqft

Property Information:

Investor Alert! This exceptional opportunity features two buildings on a single title, perfectly suited for an owner-operator seeking tenant income to offset the mortgage or an investor looking for substantial upside potential. The first building offers 14,500 sq. ft. on approximately 1.64 acres and is leased to a strong, long-term tenant who has occupied the space since 2005, providing a reliable net operating income of $239,250 annually. The second building, spanning 11,500 sq. ft. on approximately 1.05 acres, is currently available for lease and includes 8,500 sq. ft. of warehouse space and 3,000 sq. ft. of well-appointed office space featuring a reception area, four offices, a large boardroom, a lunchroom, and a bullpen area. In total, this property encompasses 26,179 sq. ft. on 2.69 acres in a highly sought-after industrial park directly east of the Grande Prairie Airport. Don’t miss this must-see property that offers both strong cash flow and excellent growth potential. Call a Commercial Realtor© for more information or to book a showing today.

Inclusions: n/a

Property Features:

  • Built in: 2004
  • Floor Space (approx): 26000.00 Square Feet
  • Lot Size: 117176.00 Square Feet
  • Zoning: IG

Courtesy of: RE/MAX Grande Prairie

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 10203B 123 Street, Grande Prairie, AB, T8V 8B7

Demographic Information of 10203B 123 Street, Grande Prairie, AB, T8V 8B7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$110,000.00

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.79 %

High school certificate or equivalent

33.03 %

Apprenticeship trade certificate/diploma

8.05 %

College/non-university certificate

19.64 %

University certificate (below bachelor)

1.78 %

University Degree

10.7 %

Commuter

Travel To Work

By Car

75.38 %

By Public Transit

2.9 %

By Walking

20.27 %

By Bicycle

0.0 %

By Other Methods

1.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.24 %

Houses

27.76 %

Own Vs. Rent