CAABMorinvilleSouthwest Morinville10701 100 Ave
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10701 100 Ave, Morinville, AB

House

For Sale

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0020

MLS® 44802240

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 3899 sqft
Garage 
Taxes 
Days Active 5
Lot Size 
Approx. Age 2021
Avg. Price Per Sqft $461
MLS® Number 44802240

Property Address: 10701 100 Ave, Morinville, AB, T8R1A2

Average square foot calculated using Size range provided by listing agent.

Description

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89, 946.00 in annual revenue, the income is scheduled to increase to $92, 691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes (id:58753)Show Description
MLS® Number44802240
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Destination Address
10701 100 Ave, Morinville, AB

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