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$999,999
Est. payment /mo
6,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $153
MLS® Listing ID A2205693
Year Built 1953
Lot Size 0.651 Acres
Acres 28341.0
Source Calgary Real Estate Board
Property Description
Located at the busiest intersection of Olds, this .65-acre commercial property offers outstanding investment potential. With 6,500 sqft of commercial space, it features two fully equipped shops. One shop is currently leased under a stable long-term NNN lease, providing immediate cash flow, while the other shop is vacant but offers excellent potential for a long-term lease as well.This property boasts an impressive 8+% cap rate when fully leased, ensuring a strong return on investment. Its high visibility and prime location provide unlimited redevelopment potential, making it an ideal opportunity for both investors and developers.All necessary reports are available for review. Don't miss out on this incredible investment opportunity! Schedule a showing with the listing agent today! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Real Broker