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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

1006 / 1008 11 Avenue, High River

Commercial Property for Sale

1006 / 1008 11 Avenue, High River, MLS® # A2343935
  • MLS®#: A2343935
  • Price: $1,600,000
  • Status: Active
  • Year Built: 1998
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

AMAZING INVESTMENT OPPORTUNITY! This well-designed 4,897 sq. ft. commercial building, as well as, a fully occupied 4 Plex located next to the daycare. The commercial building is home to an established daycare with a long-term tenant and a lease in place for approximately 3 more years. The property is leased on a triple-net basis, providing the owner with an attractive and predictable income stream while minimizing landlord operating expenses. The building is ideally configured for daycare operations and features a welcoming lobby, multiple offices, 2 kitchens, 7 dedicated play areas, 9 two-piece bathrooms, laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use. The current lease provides a competitive cap rate, making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex, TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented, income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry, additional storage, a 4-piece bathroom, large living area and a spacious, functional kitchen. All four units are currently rented, generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio!

Contact Elke Babiuk About MLS® A2343935

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Commercial Property
  • MLS®#: A2343935
  • Year Built: 1998
  • Restrictions: Underground Utility Right of Way
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Community Information

  • Address: 1006 / 1008 11 Avenue
  • Neighbourhood: High River
  • City: High River
  • Postal Code: T1V 1P2
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interior

  • Included: None
  • Fireplace Details: For Sale
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$1,600,000

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Listing Courtesy of
Century 21 Foothills Real Estate
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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