Elke Babiuk
Cell: 403-998-2735
5016 Victoria Avenue, Coronation
$190,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Excellent Investment Opportunity in Coronation! Versatile commercial office/retail building offers high visibility with a prominent storefront and convenient front parking. Constructed with durable cement block, the property measures 25’ x 70’ for a total of 1,750 sq ft. Currently tenanted under a Triple Net Lease until 2028, this space has provided consistent rental income over the years. The interior has been updated and includes professional office spaces, a staff room, washroom, and a welcoming front entry. The building is heated with a boiler and radiant heat system. New asphalt shingles installed in June 2024. A solid addition to any commercial portfolio or a smart owner-user opportunity in the future. $17388 in annual net income creates a beautiful 9.15% return.
Essential Information
MLS® #A2232461
Price$190,000
Bathrooms0.00
Acres0.00
Year Built1000
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address5016 Victoria Avenue
SubdivisionNONE
CityCoronation
CountyPaintearth No. 18, County of
ProvinceAlberta
Postal CodeT0C 1C0
Additional Information
ZoningC1
Listing Details
OfficeCentury 21 Masters
LISTING MAP
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
