An exceptional investment opportunity is available in the heart of Bonnyville, Alberta. Strategically located at 4808–50th Avenue, this approximately 5,000 square foot specialty office property is currently tenanted and utilized for professional counseling services. The property is secured by a stable lease in place through 2028, with an option to renew, providing consistent and predictable income. The investment generates a net monthly income of $6,700, plus applicable GST, offering an attractive and reliable return. This well-appointed and centrally located asset is ideally suited to support client-focused services, contributing to tenant retention and long-term occupancy stability. Opportunities of this caliber in Bonnyville’s downtown core are limited. This property represents a compelling addition to any investment portfolio, delivering both immediate income and future growth potential. (id:51989)
Features of 4808 50 Ave
- MLS® Number 44664356
- Price $700,000
- Parking Space Total 8
Buildings
| Constructed Date | 1978 |
Land
| Acreage | No | Size Irregular | 7274.52 |
| Size Total | 7274.52 Sqft|under 1/2 Acre | Size Total Text | 7274.52 Sqft|under 1/2 Acre |
Agents and Offices
- Gerry K. Storoschuk
- Office: Royal LePage Northern Lights Realty