10017 100 Street, Sexsmith
$209,900
MLS® # A2261245
RE/MAX Grande Prairie
4605 50 Street , Spirit River
$259,900
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Turnkey Mixed-Use Investment on Main Street, Spirit River
A rare opportunity to own a leased, income-producing building right on Spirit River's Main Street. This 4,800 sq ft mixed-use property blends stable commercial tenancy with residential upside — ideal for an investor looking for immediate cash flow and room to grow.
The main floor is anchored by long-term commercial tenants, including an insurance office and Alberta registries services, Downstairs lease renewed for 3 years in March 1, 2025 . In 2028 they have 2 more 3 year options to extend lease
A top-floor suite is leased to a business tenant on a one-year term, adding further stability to your income stream.
Upstairs, two one-bedroom residential suites are available — including an upgraded owner's suite — offering flexibility to owner-occupy, add a resident manager, or lease both units for additional revenue.
Recent capital improvements give this building a head start on maintenance costs: new roof, furnaces, hot water tank, exterior paint, and full renovations to apartments 2 and 3. Construction is solid brick with a poured concrete foundation.
The numbers work now — the property shows strong positive cash flow at just 65% occupancy. Call your favorite Commercial Realtor® to take a look at this great opportunity!
Essential Information
MLS® #A2337357
Price$259,900
Year Built1966
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address4605 50 Street
SubdivisionNONE
CitySpirit River
CountySpirit River No. 133, M.D. of
ProvinceAlberta
Postal CodeT0H3G0
Exterior
ConstructionConcrete
Additional Information
Zoningcommercial
Listing Details
OfficeeXp Realty
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