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$ 395,000
Est. payment | /mo
2,024 SqFt
$ 395,000
Est. payment | /mo
2,024 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,024 sqft
Price per Sqft $195
Subdivision Morinville
MLS® Listing ID E4437229
Year Built 1940
Source REALTORS® Association of Edmonton
Property Description
Prime Investment Opportunity: High-Exposure Rental Property with Tax Exemption! This beautifully renovated property offers an exceptional investment opportunity in a high-traffic downtown location, perfect for visibility and future growth. Currently generating $2,000/month in rent, the tenant — a long-term non-profit organization — is eager to continue their lease, ensuring a reliable, consistent income. As a non-profit tenant, they benefit from tax exemption, providing potential financial advantages for the savvy investor. The property has been recently updated with fresh paint, a brand-new furnace, and an upgraded electrical distribution board, guaranteeing low maintenance for years to come. With its prime location, renovated condition, and stable cash flow, this is a turnkey investment with tremendous potential. Contact us today to seize this high-return opportunit (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Homes & Gardens Real Estate Limited
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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