Multi-Family Commercial for Sale
Property For Sale In Morinville, Sturgeon
- MLS®#: E4414006
- Price: $457,000
- Year Built: 1910
Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building boasts 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!
Contact Lisa Rice About MLS® E4414006
Lisa Rice, 780-962-8580 at RE/MAX PREFERRED CHOICE, #4, 16 Nelson Drive, Spruce Grove, Alberta, T7X 3X3
property information
- Property Type: Multi-Family Commercial
- MLS®#: E4414006
- Year Built: 1910
Community Information
- Neighbourhood: Morinville
- City: Sturgeon
- Postal Code: T8R 1P7
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