Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
Courtesy of Derek Claffey, Ryan Brown of Nai Commercial Real Estate Inc.
7 & 9 St. Anne Street is an excellent opportunity for an owner/user looking to own and occupy a building with strong rental income from existing tenants or Investors looking to create value with renovation, lease-up or potential condominiumization of the property. This property is an attractive location just off St. Albert Trail in the downtown region and overlooks the Sturgeon River. The building is currently 61% occupied by Tenants with Net Leases in place. 39% of the building is available for owner/user occupancy or re-lease to new Tenant's. The current net income of $482,000.00 per annum in place (June 1, 2024), potential Proforma income of $764,812.00 per annum. There are medical/office vacancies with a variety of subdivision options including 8,213 Sq.Ft. +/- of nicely finished main floor space (availble June 1, 2024). There are 20 covered parking stalls and 102 surface parking (2.2 stalls per 1,000 Sq. Ft.).
Listing Information
Prop. Type:
Office
Status:
Active
City:
St. Albert
MLS® Number:
E4377078
Neighbourhood:
Downtown_SALB
Area:
St. Albert
Province:
AB
Listing Price:
$8,500,000
General Information
Year Built:
1977
Zoning/Land Use Code:
For Sale
Region:
St. Albert
Additional Information
Plan:
7822207
Legal Block:
5
Legal Lot/Unit:
61
Other Information
Land Size Hectares:
0
Building Type:
Mixed Use, Multi Tenant/Multi Plex, Office Buildin
This property is listed by Derek Claffey, Ryan Brown of Nai Commercial Real Estate Inc and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.