Presenting a well-maintained and highly attractive retail investment opportunity, ideal for investors seeking stable and long-term value. This property is anchored by a reliable, long-standing tenant, offering consistent income with a secure lease in place through July 2029—providing peace of mind and predictable cash flow.Strategically positioned in a high-visibility, high-traffic location, the property benefits from excellent exposure, making it a prime spot for sustained retail success. Recent capital improvements include a new SPF (spray polyurethane foam) roofing system completed in 2024, enhancing durability and reducing near-term maintenance concerns.The asset is uniquely comprised of two freestanding buildings situated on separate lots, offering flexibility and future upside potential. Should the need arise, the buildings can be leased independently, allowing for diversified tenancy options or phased occupancy strategies.This is a rare opportunity to acquire a turnkey retail property with strong fundamentals, modern upgrades, and built-in adaptability for evolving investment goals. (id:51989)
Features of 9306 111 Ave Nw
- MLS® Number 44565351
- Price $625,000
- Neigbourhood: Downtown
Buildings
| Constructed Date | 1956 |
Land
| Acreage | No | Size Irregular | 5222.844 |
| Size Total | 5222.844 Sqft|under 1/2 Acre | Size Total Text | 5222.844 Sqft|under 1/2 Acre |
Agents and Offices
- Syamal Raha
- Office: RE/MAX Excellence