$ 457,000
10201 100 AV Morinville, AB T8R 1P7
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$ 457,000
Est. payment | /mo
$ 457,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4414006
Year Built 1910
Property Description
Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building boasts 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!
Location
Province AB
Zoning Zone 61
Others
Tax ID 0010138162
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "