10203b 123 Street, Grande Prairie, Alberta

$4,250,000

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2.69

Acres

About 10203b 123 Street

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.

Features of 10203b 123 Street

MLS® # A2180449
Price $4,250,000
Bathrooms 0.00
Acres 2.69
Year Built 2004
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 10203b 123 Street
Subdivision Brochu Industrial.
City Grande Prairie
County Grande Prairie
Province Alberta
Postal Code T8V 8B7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed December 5th, 2024
Days on Market 23
Zoning IG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Grande Prairie

Listing Map