$ 457,000 10201 100 Avenue

This listing presented by Randy Plant. Contact Randy by phone: 780-361-9215 or email direct here.

Listing Info

Area: Morinville
Property Type: Multi-Family Commercial
MLS® Number: E4414006
Year Built: 1910
Listing Status: Active
List Price: $ 457,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Multi-Family Commercial – Morinville

Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building with a potential for over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio!

Construction Info


Rooms Dimension

Listing Agent:

Tim Gartner

Brokerage:

MaxWell Progressive

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Listing data last updated date: 2024-12-07 23:59:45
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