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Fort Saskatchewan,AB T8L 1Y9
Key Details
Property Type Commercial
Sub Type Institutional,Office
Listing Status Active
Purchase Type for sale
Square Footage 3,867 sqft
Price per Sqft $168
MLS Listing ID E4344212
Year Built 1974
Property Description
The perfect investment or property to house your existing business in. At 3867 sq ft and currently 4 units rented in the building with zero vacancy, this building is ready for a new owner. Current Net Income is just under $30,000 making it a 4.44 cap rate. However the rates are extremely low so there is tons of potential to get the rates up to market standards or call it home for your existing business. New roof in 2015, 2 new heat exchangers. Extremely well maintained building.
Location
Province AB
Community Old Fort Saskatchewan
Area Fort Saskatchewan