Courtesy Of Dave Ryan Of RE/MAX Real Estate
About 4705 47 Av
Amazing investment opportunity in the growing community of Alberta Beach!!! At just over a 5% cap rate, this is a deal hard to pass up! This mixed use building features commercial suites on the bottom level with 4 residential units on the upper level. The residential units each also include a garage space as well. Built in 2014 the main building is around 9200 sq ft. The main floor consists of 2 commercial bays. Currently a 2719 sq ft pharmacy and a 1512 sq ft additional bay. Upper level is 4 suites. Each suite is just over 1000 sq ft and feature 2 bedrooms and 2 bathrooms. There is an elevator as well. 4 bay garage; each unit is 640 sq ft with heat. Leases are currently in place for the large commercial bay and all residential suites. Amazing location on the main access into Alberta Beach. Just 35 minutes from west Edmonton!
Features of 4705 47 Av
MLS® # | E4338928 |
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Price | $1,750,000 |
Square Footage | 9,725 |
Acres | 0.00 |
Year Built | 2014 |
Type | Retail |
Zone | Zone 71 |
Community Information
Address | 4705 47 Av |
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Area | Lac Ste. Anne |
Subdivision | Alberta Beach |
City | Rural Lac Ste. Anne County |
Province | AB |
Postal Code | T0E 0A0 |
Amenities
Parking Spaces | 20 |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Has Basement | No |
Exterior
Construction | Wood Frame |
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Additional Information
Date Listed | May 3rd, 2023 |
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RE / Bank Owned | No |
Handyman Special | No |
Listing Details
Office | Courtesy Of Dave Ryan Of RE/MAX Real Estate |
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