Courtesy Of Tim A Gartner Of MaxWell Progressive
About 10201 100 Avenue
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!
Features of 10201 100 Avenue
| MLS® # | E4414006 |
|---|---|
| Price | $457,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1910 |
| Type | Multi-Family Commercial |
| Status | Active |
Community Information
| Address | 10201 100 Avenue |
|---|---|
| Area | Morinville |
| Subdivision | Morinville |
| City | Morinville |
| County | ALBERTA |
| Province | AB |
| Postal Code | T8R 1P7 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Wood Frame |
|---|---|
| Construction | Wood Frame |
Additional Information
| Date Listed | November 19th, 2024 |
|---|---|
| Days on Market | 15 |
| Zoning | Zone 61 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Tim A Gartner Of MaxWell Progressive |
|---|