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.
Address
10203B 123 Street
List Price
$4,250,000
Property Type
Commercial
Type of Dwelling
Industrial
Area
Grande Prairie
Sub-Area
Brochu Industrial
Lot Size
117176 Sq. Ft.
Year Built
2004
MLS® Number
A2180449
Listing Brokerage
RE/MAX Grande Prairie
Postal Code
T8V 8B7
Zoning
IG