5002 48 Street, Stettler, AB - MLS # CA0107339

5002 48, Stettler, AB T0C 2L0

Quick Summary

Price
$630,000
Type:
Commercial
Sub Type:
Building
Title:
5002 48 Street
Possession:
Subject To Tenancy
Tax Amount:
10742 / 2017

Lot Summary

Lot Width:
350
Lot Depth:
120
Lot Units:
42000 Sq Ft
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Geographical Summary

Access:
Back Alley Access,Direct Access,Front and Rear Drive access,On Major Traffic Route

Building Summary

Year Build:
1960
Construction Material:
Concrete Block,Frame - Wood,Steel
Foundation Details:
Slab
Roofing:
Metal
Utilities:
Garbage Collection,Municipal Water,Natural Gas
Heating:
Furnace - Forced Air - 2,Furnace - Overhead,Natural Gas
Area Above:
13242 sq ft

Property Description

County / Parish: Stettler County, Alberta
Zoning: C1A

7 LOTS, DOWNTOWN, LAND, BUILDINGS and LEASE!
Triple net lease will be in effect for 4 years with a good, sound, tenant providing nearly 9% return on investment. Tenant has been operating at this location for almost 20 years. High traffic area with excellent exposure and access. This is one of the largest group of lots in a downtown location occupying almost 1 acre. Zoning offers multiple development opportunities. Ideal location for a future apartment, seniors complexes, strip mall, condominium development, or other commercial development. Collect the lease money for the next 4 years, then build your retirement revenue property!

Listed By Royal Lepage Network Realty Stettler

Map

Walk Score

Agent on Duty


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