AB > Grande Prairie > Richmond Industrial Park
Grande Prairie, AB T8V 5N5,9620 112 ST
Grande Prairie, AB T8V 5N5,9620 112 ST
Grande Prairie, AB T8V 5N5,9620 112 ST
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$2,700,000
Est. payment /mo
2.07 Acres Lot
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UPDATED:

02/13/2025 05:55 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Richmond Industrial Park

MLS® Listing ID A2193954

Originating Board Grande Prairie

Year Built 1978

Annual Tax Amount $59,618

Tax Year 2024

Lot Size 2.070 Acres

Acres 2.07

Property Sub-Type Industrial

Property Description

Investment opportunity with near 10% CAP rate with great long term tenants. This property has 2 buildings on the property with Triple "A" tenants, located in a high traffic area. Building One has a 4 year lease in place and a new roof in 2024, 10,010 sq. ft., office mezzanine - 3,360 sq. ft. and parts mezzanine 1,787 sq. ft. for a total of 15,157 sq. ft., private fenced yard and 600 amp main service. This building is currently leased to one tenant occupying 4 spaces with 4 services which can easily be reverted for multiple tenants in the future. Building Two - 12,348 sq. ft. on main floor with 896 sq. ft. of mezzanine storage. Roof is metal, 200 amp electric service. 4 - 16 ft. x 14 ft. O.H. doors. paved front yard, and private graveled yard with chain link fencing. Building 2 is currently leased to one tenant but has 3 separate leasable spaces, with 3 services for future tenants if required. Both buildings of steel and concrete block construction. Both building are in very good condition and been well maintained with upgraded HVAC in both buildings. Excellent return with annual gross income of $373,920 per year.

Location

Province AB

County Grande Prairie

Zoning IG

Exterior

Roof Type Metal

Others

Restrictions None Known

Tax ID 91980530

Ownership Private

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Listed by Sutton Group Grande Prairie Professionals
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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