9601 116 St - Warehouse FOR SALE


Grande Prairie, AB T8V 5W3
$2,200,000 CAD
780-897-8847
9601 116 St, Grande Prairie, AB for Sale
$2,200,000 CAD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

9601 116 St
Grande Prairie, AB T8V 5W3


HIGHLIGHTS

  • Located in Grande Prairie's Richmond Industrial Park with excellent access to Hwy 40 and airport corridors.
  • Total of 14,155 sq ft separated into two distinct units suitable for multi-tenant or single-user occupancy.
  • Over 30 offices, three boardrooms, and multiple restrooms provide a ready-to-use configuration for businesses.
  • Two overhead powered doors (14' width by 16' height) ensure functional load-in/load-out capability.
  • Situated on a 1.01-acre site with natural gas heating and public utility connections for water and sewer.
  • Income potential through an existing sublease providing revenue continuity until April 2028.

OVERVIEW

This industrial property in the Richmond Industrial Park offers strategic frontage on a busy Costco Road with quick connectivity to Highway 40 and the airport. Comprising a total of 14,155 sq ft, the building is fully improved with two functional units—each equipped with small bays, private offices, and a split-level design. The building includes approximately 30 offices, 3 boardrooms/bullpens, and 5 washrooms. Flexibility is enhanced by two 14' x 16' overhead powered doors suitable for diverse industrial operations. Situated on a 1.01-acre lot, the site features ample yard space and natural gas heating. This property provides an excellent owner-user or lease investment opportunity with existing tenant income from a previous tenant subleasing until 2028. Negotiable possession terms add to the appeal for buyers seeking operational readiness and long-term versatility. Also for lease MLS A2274761

FOR SALE DETAILS

PRICE

$2,200,000 CAD

PRICE/SF

$155 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

UTILITIES

Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

I-G

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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

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

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