10901 100 ST new

Grande Prairie,AB T8V 2M9

$ 878000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Vla Montrose

MLS Listing ID A2223311

Year Built 1980

Annual Tax Amount $17,096

Tax Year 2025

Property Sub-Type Office

Property Description

FOR SALE: 100% Occupied Prime Office/Retail Building.

Welcome to a high-visibility, fully leased commercial investment opportunity situated on the prominent corner of 100 Street and 109 Avenue, with excellent exposure just off 100 Street.

This 6,855 sq. ft. two-storey office/retail building sits on 0.24 acres and features a durable red steel frame and concrete second floor—ideal for soundproofing and long-term structural integrity.

Property Highlights:
100% Occupied: Six Units, five tenants under net leases provide stable income.

8.82% cap rate based on 2025 annual projected Base Rent and increasing to 9% in 2026.

Professional Upgrades:

Refreshed common areas and updated washrooms

Renovated stairwell with new vinyl treads, LED lighting, and fresh paint

Main floor fully updated with carpet tile flooring and modern finishes

Solid Investment: Net leases in place with reliable tenancy

Prime Corner Location: High foot and vehicle traffic in a desirable commercial corridor

Please note: To respect tenant privacy, photos were taken prior to occupancy.

This is a turn-key investment opportunity in a well-maintained, income-generating asset. Contact your commercial REALTOR® today to arrange a private tour.

Location

Province AB

County Grande Prairie

Zoning CA

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