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DESCRIPTION

10032 101 Street, occupied by The Bargain! Shop has been the retail destination for Lac La Biche and the surrounding area since 1994. Situated on a 40,511 square foot lot, the 15,022 square foot single-tenant asset is the main retail draw as a one-stop shop for all residents and travelers along highway 881. - Quality tenant (The Bargain! Shop) signed to a long-term lease with stable income stream.- Tenant has been in place since 1994. - The tenant is obligated to report annual sales, and has a long-standing history of very strong performance at this location. - Year 1 NOI is $138,954.

KEY DETAILS
  • Price:
  • $1,975,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.93
  • Year Built:
  • 1994
  • Listing #:
  • FM0153265
  • Street Address:
  • 10032 101 St
  • City:
  • Lac La Biche
  • State:
  • AB
  • Postal Code:
  • T0A 2C0
  • County:
  • Lac La Biche County
  • Area:
  • Other
  • Listing Status:
  • For Sale - Active

Building

  • Dwelling Type:
  • Retail, See Remarks, Street Level Storefront
  • Foundation:
  • Slab
  • Year Built:
  • 1994

Business

  • Business Type:
  • N/A, Retail

Land

  • Conforms To Zoning:
  • C1 Central Commercial Dis
  • Lot Shape:
  • Standard
  • Lot Size Side:
  • 324.00
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 40510.80
  • Lot Width:
  • 134.00

Listing

  • Title Type:
  • Fee Simple

Money

  • Property Taxes:
  • $14,277
  • Tax Year:
  • 2018

Systems

  • Existing Water:
  • Municipal
  • Heating:
  • Furnace - Overhead, Rooftop, Separate Water Heaters
  • Sewage Type:
  • Municipal

Source

  • Listings Provided By RE/MAX La Biche Realty
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NOTES

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