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Home AB Olds
4602/10 46 Avenue
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4602/10 46 Avenue $999,999
$999,999
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4602/10 46 Avenue
Olds, Alberta T4H1C6

MLS® Number: A2205693

Listing 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! (30324956)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Land Size
28341 sqft|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Built in
1953
Annual Property Taxes
$11,266
Time on REALTOR.ca
10 days

Measurements

Square Footage
6500 sqft
Total Finished Area
6500 sqft
Exterior Building Size
6500 sqft

Land

Other Property Information
Zoning Description
CH
Data provided by: Pillar 9™
Arsh Sidhu