54.8215 -112.6516

5002 51 Street Grassland, AB T0A 1V0

Lee Dziwenka
Lee Dziwenka
Associate
150 Chippewa Road Ste 116 Sherwood Park AB T8A 6A2
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252401875 54.8215 -112.6516 732 False 0 998800.0 3720 101 E4176161 False
  • $998,800
  • 5002 51 Street Grassland, AB T0A 1V0
  • 3,720 sqft

Property & Neighborhood Info

Courtesy Of Keith Halabi , RE/MAX Select

Commercial in Grassland

Just under 4000 square foot building, located at the half way point between Edmonton and Fort Mac. Currently 1400 square feet rented out for $5,500 per month, 2320 square feet to lease or open your own business (leasing also available). One of the two remain spaces is a fully equipped Liquor store ready for operation. At full asking price the cap rate is 5.5% with more then 60% of the building being vacant. Original set up was for a gas bar use. Potential is limitless for this site.The building is in great shape and was built in to stages in 2001 & 2004.

Courtesy Of Keith Halabi , RE/MAX Select
  1. 3,720 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2001
  • Zoning: Comm
  • Subdivision: Grassland
  • MLS® Number:E4176161

Additional Features

  • Type:
    • Retail
  • Section:
    • 28
  • Community:
    • Grassland
  • Township:
    • 67
  • Lot Size (Hectares):
    • 0
  • Lot Size (Sq. Mtrs.):
    • 0
  • Total Flr Area (SF):
    • 3720
  • West Meridian:
    • 4
Neighborhood info courtesy of Homes.com © 2019