Courtesy Of Dave Ryan Of RE/MAX Real Estate

4705 47 Av, Rural Lac Ste. Anne County, AB

$1,750,000

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9,725

Square feet

About 4705 47 Av

Amazing investment opportunity in the growing community of Alberta Beach!!! At just over a 5% cap rate, this is a deal hard to pass up! This mixed use building features commercial suites on the bottom level with 4 residential units on the upper level. The residential units each also include a garage space as well. Built in 2014 the main building is around 9200 sq ft. The main floor consists of 2 commercial bays. Currently a 2719 sq ft pharmacy and a 1512 sq ft additional bay. Upper level is 4 suites. Each suite is just over 1000 sq ft and feature 2 bedrooms and 2 bathrooms. There is an elevator as well. 4 bay garage; each unit is 640 sq ft with heat. Leases are currently in place for the large commercial bay and all residential suites. Amazing location on the main access into Alberta Beach. Just 35 minutes from west Edmonton!

Features of 4705 47 Av

MLS® # E4338928
Price $1,750,000
Square Footage 9,725
Acres 0.00
Year Built 2014
Type Retail

Community Information

Address 4705 47 Av
Area Lac Ste. Anne
Subdivision Alberta Beach
City Rural Lac Ste. Anne County
Province AB
Postal Code T0E 0A0

Amenities

Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed May 3rd, 2023
Zoning C1
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Dave Ryan Of RE/MAX Real Estate

Listing Map

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