10310 100th Ave - Storefront Retail/Office FOR SALE


Fort Saskatchewan, AB T8L 1Z1
$1,499,900 CAD
780-915-6442
10310 100th Ave, Fort Saskatchewan, AB for Sale
$1,499,900 CAD
Storefront Retail/Office - FOR SALE
1/12
null | 6.5% Cap Rate

10310 100th Ave
Fort Saskatchewan, AB T8L 1Z1


HIGHLIGHTS

  • Mixed-use building in prime location
  • 2 leased commercial bays w/ rent bumps
  • 6 fully rented residential units above
  • Corner lot with great natural lighting
  • Recent roof & heating system upgrades
  • Strong cap rate with stable tenants

OVERVIEW

This well-maintained mixed-use building is located in the heart of Old Fort Saskatchewan, a rapidly growing city supported by major oil and gas industries. The property features two fully leased commercial bays on the main floor with annual rent escalations, and six residential units above—three bachelor suites and three one-bedroom suites—all fully occupied. Situated on a corner lot, the building benefits from abundant natural light and excellent visibility. Parking is plentiful with on- and off-street options, including city-owned spaces directly behind the building. Recent upgrades include a new roof membrane, heating system, and commercial unit improvements. Just one block from the public library and within walking distance to restaurants, shops, and parks. This is a strong investment opportunity with stable tenants and a solid income stream, offering a 6.5% cap rate with management or 7.5% if self-managed.

FOR SALE DETAILS

PRICE

$1,499,900 CAD

PRICE/SF

$189 CAD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Samuel LingLogic RealtyMore Info
780-915-6442

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Samuel LingLogic RealtyMore Info
780-915-6442

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