Morinville, AB T8R1P7 10201 100 Avenue
$457,000
Pending
35 more
Presented By: Courtesy of Tim A Gartner of MaxWell Progressive.
SQFT • 4,100
Home Details
Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building with a potential for over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio!
Presented By: Courtesy of Tim A Gartner of MaxWell Progressive.
Interior Features for 10201 100 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 10201 100 Avenue
CityMorinville
Construction MaterialsWood Frame
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaMorinville
ModificationTimestamp2024-12-19T15:35:09.400Z
Property TypeCommercial Sale
Standard StatusPending
StatusPending
Year Built1910
ZoningZone 61
Exterior for 10201 100 Avenue
Irrigation Water Rights Y/NNo
Additional Details
