10117 102 - Storefront Retail/Residential FOR SALE


Lac La Biche, AB T0A 2C0
$1,399,900 CAD
587-210-8135
10117 102, Lac La Biche, AB for Sale
$1,399,900 CAD
Storefront Retail/Residential - FOR SALE
1/24
null | 8% Cap Rate

10117 102
Lac La Biche, AB T0A 2C0


HIGHLIGHTS

  • View of Lake from Penthouse
  • Engineered floors to accomodate the weight of a pool hall.
  • Diverse "type of tenants"

OVERVIEW

Introducing a remarkable opportunity to invest in a modern 3-story building constructed in 2017, ideally located on 102 Avenue, just one block off Main Street in the charming town of Lac La Biche. This property has been meticulously designed to embody success, providing endless possibilities for investors. 8 Cap The thriving community surrounding this prime location offers the perfect backdrop for your entrepreneurial ambitions. The ground floor features three rental bays, creating diversified income streams that enhance your investment’s value. On the second floor, you'll find an impressive pool hall with a bar, accommodating up to 134 guests. This space includes a commercially approved kitchen and a corner stage, making it an ideal venue for hosting live bands and events. Additionally, the outdoor patio offers stunning views of the lake, providing a picturesque setting for patrons to enjoy. The third floor boasts luxurious living accommodations, highlighted by a penthouse-style apartment featuring one bedroom, one bath, and a private rooftop deck with a gazebo overlooking the lake. This exquisite space is perfect for owner-occupancy or can serve as additional rental income. This property represents a unique blend of business potential and lifestyle luxury, catering to both experienced entrepreneurs and those looking to embark on a new investment venture. Don’t miss out on this exceptional opportunity to secure a stake in a flourishing market.

FOR SALE DETAILS

PRICE

$1,399,900 CAD

PRICE/SF

$165 CAD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

DC1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Korry UllrichColdwell Banker UnitedMore Info
587-210-8135

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Korry UllrichColdwell Banker UnitedMore Info
587-210-8135

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