Excellent investment opportunity in the desirable Railtown area of Grande Prairie. This package of six commercial condo units is conveniently located close to established residential neighbourhoods and just off high-traffic Resources Road, offering strong visibility and easy access.The offering includes a mix of main floor and second floor units, with some already partially developed — providing immediate usability along with significant potential for further development or customization to suit a variety of commercial uses.Priced below current fair market value by the lending institution, this is a rare chance to acquire six commercial condo units in one transaction. Ideal for investors, owner-users, or developers looking to capitalize on Grande Prairie’s strong economy and growing demand for commercial space.Don’t miss this unique package opportunity. Contact listing agent for complete details, financial information, and to arrange a private viewing.
Essential information
MLS® number
A2323947
Status
Active
Price
$1,250,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
8,892 sq ft
Year built
2017
Structure
Mixed Use
Listing brokerage
Tom Shields Realty Inc.
Source
Pillar 9™ MLS® System
Interior
Included
NONE, AS IS, WHERE IS
Exterior and construction
Zoning
CA- ARTERIAL COMMERCIAL
Community
Subdivision
Railtown
City
Grande Prairie
Province
AB
Postal code
T8V 3A6
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.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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3 photos$1,100,7862140, 30 Savanna Crescent NE, Calgary
