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10018 101 Avenue, Grande Prairie

$699,900

About this property

Positioned in the downtown core of Grande Prairie, this solid cinder block commercial building offers a rare opportunity for an investor or business owner looking for space, flexibility, and long term potential. The main floor offers approximately 3,300 sq ft and is currently split into two units. That layout allows for multiple income streams or the option to occupy one side while leasing the other. One side is built out with offices, a waiting room, kitchen area, and bathroom, making it ready for professional or service based use. A rear garage adds secure storage or workspace, a major advantage. Below, you will find an additional 1,800 sq ft basement. The size alone opens up possibilities for storage, inventory, equipment, or future development. Air conditioning is already in place, and the flat roof design was planned with the intention of supporting a future second storey. Opportunities like this do not come up often, especially in a central location with this much square footage and built in flexibility. If you have been waiting for a downtown commercial space with strong fundamentals and income potential, this one deserves a closer look. Call your COMMERCIAL REALTOR® today to book a showing.

Essential information

MLS® number
A2290156
Status
Active
Price
$699,900
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
See Remarks
Building area
3,306 sq ft
Lot size
4,025 sq ft
Year built
1981
Structure
Mixed Use
Listing brokerage
RE/MAX Grande Prairie
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
CC

Community

City
Grande Prairie
Province
AB
Postal code
T8V0Y1

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

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The purchase

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The building

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MLS® data last updated Nov 8, 2026, 8:50 a.m. (Mountain Time).

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