Olds, AB T4H1C6,4602/10 46 AVE
Olds, AB T4H1C6,4602/10 46 AVE
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$ 999,999
Est. payment | /mo

0.65 Acres Lot


Save
$ 999,999
Est. payment | /mo
Save

0.65 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2205693

Originating Board Calgary

Year Built 1953

Annual Tax Amount $11,266

Tax Year 2024

Lot Size 0.651 Acres

Acres 0.65

Property Sub-Type Mixed Use

Property Description

Located at the busiest intersection of Olds, this .65-acre commercial property offers outstanding investment potential. With 6,500 sqft of commercial space, it features two fully equipped shops. One shop is currently leased under a stable long-term NNN lease, providing immediate cash flow, while the other shop is vacant but offers excellent potential for a long-term lease as well.

This property boasts an impressive 8+% cap rate when fully leased, ensuring a strong return on investment. Its high visibility and prime location provide unlimited redevelopment potential, making it an ideal opportunity for both investors and developers.

All necessary reports are available for review. Don't miss out on this incredible investment opportunity! Schedule a showing with the listing agent today!

Location

Province AB

County Mountain View County

Zoning CH

Others

Restrictions Call Lister

Tax ID 93042576

Ownership Private

Listed by Real Broker

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agent

Justin Newman

License ID: 00540392

+1(403) 969-5542

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REVIEWS

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

Gyann Yiu