Homes For Sale: Canada Alberta Peace River 10118 100 AVENUE
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$2,400,000 CAD

10118 100 AVENUE
Peace River, Alberta T8S 1R3
Canada
2,980.232 m2 :: 32,080 sqft
Residential For Sale, Multi Family
Sale price per sqm: 584.4
CENTURY 21 Town and Country Realty
10003 102 Ave
Peace River, Alberta T8S1S2, Canada
Phone: 780-624-1300

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Remarks:

Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles. Residential and commercial income in Aug 2024 was $25,500 +/- with 2 residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant as well - this allows for potential income stream to increase substantially!!

Features:

  • Year Built: 1984
  • Property Features: Fireplace

Location:

10118 100 AVENUE, Peace River, Alberta T8S 1R3, Canada
Listed By CENTURY 21 Town and Country Realty

The Residential For Sale, Multi Family located at 10118 100 AVENUE, Peace River, Alberta T8S 1R3, Canada is currently for sale. 10118 100 AVENUE, Peace River, Alberta T8S 1R3, Canada is listed for $2,400,000 CAD. This property has 32,080 sqft. If the property located at 10118 100 AVENUE, Peace River, Alberta T8S 1R3, Canada isn't what you're looking for, search Alberta Real Estate to see other Homes For Sale in Peace River.

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