Grande Prairie, AB T8V 2M9,10901 100 ST
Grande Prairie, AB T8V 2M9,10901 100 ST
Grande Prairie, AB T8V 2M9,10901 100 ST
Grande Prairie, AB T8V 2M9,10901 100 ST
Grande Prairie, AB T8V 2M9,10901 100 ST
Grande Prairie, AB T8V 2M9,10901 100 ST
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$850,000

$875,000

2.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 10/31/2025

Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Vla Montrose

MLS® Listing ID A2258729

Sold Date 10/31/25

Year Built 1980

Annual Tax Amount $17,096

Tax Year 2025

Property Sub-Type Office

Source Grande Prairie

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 tour.

Location

Province AB

County Grande Prairie

Zoning CA

Others

Restrictions None Known

Tax ID 102201097

Ownership Private

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Listed by CommVest Realty Ltd.
Sunny Banipal

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 714-7754

sunny@sggrealestate.ca

1512 21 Ave NW, Calgary, T2M, 1L8, Canada

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