Land and Building Only investment opportunity to get in on the economic come back in the Northern gateway. This commercial property and land pillar in the hamlet of Grassland has been newly renovated with a recently added extension. Conveniently located on the very busy highway 63 with 20,000 vehicles/24hr, halfway between Edmonton and Fort McMurray. Heavy traffic also includes scheduled stops by chartered and commercial bus lines. This revenue property brings in rental income from the fast food restaurant, which is a landmark to many in the oil industry, has a tenant with a 5yr lease. The second tenant is a liquor store with a 5yr lease. The third rental bay is currently vacant but can accommodate a Smoke/Vape Shop, Grocery Store, Gas Station and/or Car Wash for future revenue, owned or leased out by future owner. Price includes Land, Building, Sign, Equipment and Fixtures. Minimal maintenance, very manageable, low expenses and a great ROI and Cap Rate. Don't miss out on this rare opportunity!
Bathrooms: 0.00
Price: $1,399,000
For more information about this property, please contact Sid Sadik at (780) 710-5503 or none. You can also text 4447317 to 67299.
MLS ID: E4052383
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