10055 120 Av - Office/Residential CONDO FOR SALE


Grande Prairie, AB T8V 8H8
$339,990 CAD
780-897-8847
10055 120 Av, Grande Prairie, AB for Sale
$339,990 CAD
Office/Residential CONDO - FOR SALE
1/11
null | 12.7% Cap Rate

10055 120 Av
Grande Prairie, AB T8V 8H8


HIGHLIGHTS

  • Turnkey investment with a long-term AAA tenant in place.
  • Fully built-out second-floor unit with five private offices and reception area.
  • Includes kitchenette, storage space, and private restroom for added functionality.
  • Located in Northridge Business Centre, featuring ample paved parking and elevator service.
  • Strong investment appeal with income-producing asset and renewal option through 2028.

OVERVIEW

This mixed-use condo unit offers a turnkey investment opportunity within Northridge Business Centre in Grande Prairie. Positioned on the second floor, the unit includes five oversized private offices, each featuring large windows for natural light, accommodating up to two workstations per office. Additional amenities include a reception area, a lunchroom with kitchenette, a dedicated storage room, and a private restroom. The property is currently leased to a long-term AAA tenant, delivering stable cash flow from day one. The center provides abundant paved parking and elevator access, ensuring convenience for both occupants and visitors. This well-maintained property offers an investor immediate income with the potential for extended value through a lease renewal option in 2028.

FOR SALE DETAILS

PRICE

$339,990 CAD

PRICE/SF

$233 CAD /SF

CAP RATE

12.7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

20,872 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,517 SF

ZONING

C-A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim BlakeRE/MAX Grande PrairieMore Info
780-897-8847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tim BlakeRE/MAX Grande PrairieMore Info
780-897-8847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.