- Alberta
- Peace River
215 18 100 Ave
CAD$2,850,000 Sale
101 215 18 100 AvePeace River, Alberta, T8S1R3
37| 26600 sqft
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IDA2021048
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential Apartment
RoomsBed:0,Bath:0
Square Footage26600 sqft
Land SizeUnknown
AgeConstructed Date: 1984
Listing Courtesy ofCentury 21 Town and Country Realty
Detail
Building
Construction MaterialPoured concrete,Wood frame
Construction Style AttachmentAttached
Cooling TypeNone
Exterior FinishConcrete
Fireplace PresentFalse
Flooring TypeCarpeted,Laminate,Linoleum
Foundation TypeBlock,Poured Concrete
Heating FuelNatural gas
Heating TypeForced air,Hot Water,Radiant heat
Size Interior26600 sqft
Stories Total3
Total Finished Area26600 sqft
Land
Size Total TextUnknown
Acreagefalse
Parking
Garage
Heated Garage
BasementUnknown
FireplaceFalse
HeatingForced air,Hot Water,Radiant heat
Unit No.101
Remarks
Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3790 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they are very particular in regards to tenants and currently have 3 vacant residential units that will be filled once a suitable tenant is found. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. There is an upside to increase revenue with additional income from the 3 units and the 3500 sq ft of commercial space - potentially a 20%+ increase to the yearly revenue. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles (id:22211)
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Location
Province:
Alberta
City:
Peace River
Community:
Downtown