










1/12107, 9856 97 Avenue, Grande Prairie, AB T8V7K2
$310,000 total
1,548 SF
Asset Class
Retail
Size
1,548 SF
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
$200
Occupancy
97%
Year Built
2000
Lot Size
0.028833792470156105 ac
Excellent opportunity in Station 2000! This well-designed commercial condo offers over 1,500 sq. ft. of versatile space over two levels, making it an excellent option for a growing business or an investor looking for a functional commercial property. The main floor features a bright showroom at the front, a large open work area at the rear, and a convenient 2-piece washroom. Upstairs, you’re welcomed into a spacious open area with a vaulted ceiling and kitchenette/coffee point, creating a flexible space that could work well as a common work area, classroom, training room or large meeting space. The second floor also includes two private offices. The larger office offers plenty of room for an executive office, team office or small boardroom, while the second provides a comfortable private workspace for one person. A separate storage/furnace room adds further practicality. With a great mix of showroom, open workspace and private office space, this unit offers plenty of flexibility for a wide range of businesses, with the potential to further customize the layout as your needs grow. (id:66811)
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Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$280
Cash-on-cash
0.30%
DSCR
1.02
Going-in cap
5.63%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,494 SF | 2034-08 |
Trade area within 3 miles of the property.
Population
108,284
Households
41,434
Median income
$114,000
Median age
37.2
Daytime population
109,775
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 107, 9856 97 Avenue, Grande Prairie.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.