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! (id:58126)
| MLS® Number | A2205693 |
| Property Type | Other |
| Plan | 2652s |
| Constructed Date | 1953 |
| Size Exterior | 6500 Sqft |
| Size Interior | 6500 Sqft |
| Total Finished Area | 6500 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| Size Irregular | 28341.00 |
| Size Total | 28341 Sqft|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Size Total Text | 28341 Sqft|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | Ch |
https://www.realtor.ca/real-estate/28119263/460210-46-avenue-olds
Contact us for more information
Arsh Sidhu
Associate
(855) 623-6900
www.joinreal.com/
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Charles Real Estate
4915 Elbow Drive SW #205 Calgary,AB
