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CAABPeace River10118 100 Ave
10118 100 Ave, Condo with 0 bedrooms, 0 bathrooms and 37 parking in Peace River AB | Image 1
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$2,400,000
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10118 100 Ave, Peace River, AB

Condo

For Sale

$--,---,---
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0037
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 32080 sqft
Garage Yes
Maintenance Fees 
Taxes $39,128
Days Active 259
Approx. Age 1984
Avg. Price Per Sqft $74
MLS® Number A2172417

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles. Residential and commercial income in Aug 2024 was $25, 500 +/- with 2 residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant as well - this allows for potential income stream to increase substantially!! (id:58753)Show Description
MLS® NumberA2172417
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1984
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatRadiant heat, Forced air, Natural gas, Hot Water
A/CNone
Heating Fuel

Extras

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