10130 100 Avenue Morinville, Alberta T8R 1P8

2,024 ft2

$395,000

Prime Investment Opportunity: High-Exposure Rental Property with Tax Exemption! This beautifully renovated property offers an exceptional investment opportunity in a high-traffic downtown location, perfect for visibility and future growth. Currently generating $2,000/month in rent, the tenant — a long-term non-profit organization — is eager to continue their lease, ensuring a reliable, consistent income. As a non-profit tenant, they benefit from tax exemption, providing potential financial advantages for the savvy investor. The property has been recently updated with fresh paint, a brand-new furnace, and an upgraded electrical distribution board, guaranteeing low maintenance for years to come. With its prime location, renovated condition, and stable cash flow, this is a turnkey investment with tremendous potential. Contact us today to seize this high-return opportunitOther Property Types: Office,Retail,InstitutionalSubject Space Width: 45Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Zafar MalikAppointment Phone: 780-243-7653Paragon Listing ID: E4437229 (id:63566)

Property Details

MLS® Number 43689316
Property Type Retail

Building

Constructed Date 1940
Size Interior 2,024 Ft2

Land

Acreage No
Size Total 0|unknown
Size Total Text 0|unknown

https://www.realtor.ca/real-estate/29200128/10130-100-avenue-morinville

Contact Us

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Zafar A. Malik
Associate

(780) 243-7653

Homes & Gardens Real Estate Limited
3659 99 St Nw
Edmonton, Alberta T6E 6K5

(780) 436-1162
(780) 436-6178

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