AlbertaSell.Back to Alberta property search

MLS® A2330121 · Active

9920 100 Street

Wembley, Alberta

$359,900

Source-listed price. Confirm sale or lease terms and availability.

Powered by REALTOR.caEnquire about this property

Property photographs

Property photograph 1 for MLS A2330121Property photograph 2 for MLS A2330121Property photograph 3 for MLS A2330121Property photograph 4 for MLS A2330121Property photograph 5 for MLS A2330121Property photograph 6 for MLS A2330121

Property details

MLS®
A2330121
Status
Active
Property type
Retail
City
Wembley
Year built
1981
Living area
1500 square feet
Listing brokerage
RE/MAX Grande Prairie

About this property

AMAZING INVESTMENT OPPORTUNITY! Here's your chance to own a well-maintained commercial building with a proven, long-term government tenant. Located in the heart of Wembley, this solid concrete block building has been home to Canada Post since it was constructed in 1981, providing exceptional stability and reliability for investors.The current lease is in place until May 31, 2029, generating $29,000 per year + GST, with renewal options available, offering an attractive 7%+ cap rate. This is a true turnkey investment with a strong, established tenant and consistent income.The property has been well cared for, with the furnace replaced over the years, features wheelchair accessibility, and offers ample rear parking for staff and customers.If you're looking for a low-maintenance commercial investment backed by a long-standing national tenant, this property deserves your attention. (id:65883)

Location

Call 780-916-8050 · Browse more properties

Listing information provided through CREA DDF®. Listing courtesy of RE/MAX Grande Prairie. Source attribution · REALTOR.ca

Details, measurements, price and availability may change and require verification. MLS® and REALTOR® are trademarks of the Canadian Real Estate Association.