CAABPeace RiverDowntown101-215-10118 100 Avenue
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101-215-10118 100 Avenue, Peace River, AB

Condo

Expired

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0037

MLS® A2021048

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 26600 sqft
Garage No
Maintenance Fees 
Taxes $37,842
Approx. Age 1984
Avg. Price Per Sqft $107
MLS® Number A2021048

Property Address: 101-215-10118 100 Avenue, Peace River, AB, T8S1R3

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 $3790 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 are very particular in regards to tenants and currently have 3 vacant residential units that will be filled once a suitable tenant is found. 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. There is an upside to increase revenue with additional income from the 3 units and the 3500 sq ft of commercial space - potentially a 20%+ increase to the yearly revenue. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehiclesShow Description
MLS® NumberA2021048
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1984
Stories3
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Existing Fridges, Stoves, Washers, Dryers

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
10118 100 Avenue, Peace River, AB

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