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Retail Property for Sale

Property For Sale In Grassland, Athabasca

Courtesy of Sid Sadik, Deepak Chopra of Maxwell Polaris
 Retail Property for Sale, MLS® # E4052383
  • MLS®#: E4052383
  • Price: $1,369,000
  • Status: Active
  • Year Built: 2001
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

Land and Building Only investment opportunity to get in on the economic come back in the Northern gateway. This commercial property and land pillar in the hamlet of Grassland has been newly renovated with a recently added extension. Conveniently located on the very busy highway 63 with 20,000 vehicles/24hr, halfway between Edmonton and Fort McMurray. Heavy traffic also includes scheduled stops by chartered and commercial bus lines. This revenue property brings in rental income from the fast food restaurant, which is a landmark to many in the oil industry, has a tenant with a 5yr lease. The second tenant is a liquor store with a 5yr lease. The third rental bay is currently vacant but can accommodate a Smoke/Vape Shop, Grocery Store, Gas Station and/or Car Wash for future revenue, owned or leased out by future owner. Price includes Land, Building, Sign, Equipment and Fixtures. Minimal maintenance, very manageable, low expenses and a great ROI and Cap Rate. Don't miss out on this rare opportunity!

Contact Sid Sadik About MLS® E4052383

Required Field

Sid Sadik, 780-710-5503 at MaxWell Polaris, 4107 99 street, Edmonton, Alberta, T6E 3N4

property information

  • Property Type: Retail Property
  • MLS®#: E4052383
  • Year Built: 2001
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Community Information

  • Neighbourhood: Grassland
  • City: Athabasca
  • Nearest Town: Boyle
  • Postal Code: T0A 1V0
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exterior

  • Exterior Features: Highway Frontage, High Traffic Area, Level Land, Visual Exposure, Back Lane, Highway Access
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$1,369,000

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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.