Listing Details

For more information on this listing or other please contact me.

Courtesy of Lori Wolfe of RE/MAX Real Estate.
Data last updated 9:58 PM, October 31, 2016

4830 50 AV   Rural Lac Ste. Anne County, AB

$950,000
MLS®: E4042446
Excellent opportunity in Alberta Beach. LAKEFRONT PROPERTY  located on main street right beside the pier and the public beach. Huge lot with 2 buildings including a 5200 + sqft 2 storey building which is leased by a well established grocery store (3 years remaining on lease) TRIPLE NET LEASE and potential CAP 8.5%+. PLUS there is room to grow the income on the upper level which currently contains one 1000 sqft fully developed apartment suite featuring lakefront views, 2 bedrooms and a private entrance. Best part there is room for 3 more apartments in the future! The second building (about 800 sqft) is also leased (by an Agent of Alberta Treasury Branch). Located less than 60 kms West of Edmonton. the Village of Alberta Beach is a popular destination on beautiful Lac ste Anne where the population swells from 900 to over 3000 during summer weekends.

Excellent opportunity in Alberta Beach. LAKEFRONT PROPERTY located on main street right beside the pier and the public beach. Huge lot with 2 buildings including a 5200 + sqft 2 storey building which is leased by a well established grocery store (3 years remaining on lease) TRIPLE NET LEASE and potential CAP 8.5%+. PLUS there is room to grow the income on the upper level which currently contains one 1000 sqft fully developed apartment suite featuring lakefront views, 2 bedrooms and a private entrance. Best part there is room for 3 more apartments in the future! The second building (about 800 sqft) is also leased (by an Agent of Alberta Treasury Branch). Located less than 60 kms West of Edmonton. the Village of Alberta Beach is a popular destination on beautiful Lac ste Anne where the population swells from 900 to over 3000 during summer weekends.

Listing Information

Prop. Type:
Retail
Status:
Active
City:
Rural Lac Ste. Anne County
MLS® Number:
E4042446
Neighbourhood:
Alberta Beach
Area:
Lac Ste. Anne
Province:
AB
Listing Price:
$950,000

General Information

Year Built:
1993
Zoning/Land Use Code:
For Sale
Region:
Lac Ste. Anne
Tax Year:
2016

Additional Information

Plan:
9221264
Legal Block:
9
Legal Lot/Unit:
1

Other Information

Land Size Hectares:
0
Building Type:
Freestanding, Low Rise (2-4 stories), Mixed Use
Range:
3

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This property is listed by Lori Wolfe of RE/MAX Real Estate and provided here courtesy of Darcy Moore. For more information or to schedule a viewing please contact Darcy Moore.
Darcy Moore
RE/MAX REAL ESTATE
Phone: 780-962-8580
Mobile Phone: 780-902-2542
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.