5024 50th Av, Bonnyville Town, Alberta T9N 2G8

Opportunity awaits in this great location on Main Street, Bonnyville! 10,450 sq/ft building, for sale or lease, is a functional store front, which boasts 1700sq/ft of retail space, as well as a beautifully renovated 2 bedroom living quarter located directly behind it. The potential is limitless; Keep your costs down by living where you open your business, house your employees, or use it as a great break-room with an extra office. Also available is a 33x18(approx) room which can be used as a conference room or can be leased separately as it has two separate entrances. This would make a great private space for massage, aesthetics, or small business. Prices start as low as $14 sq/ft. Opportunity awaits! 60% of the building is rented out with long terms tenants in place, fill the remaining space for a great cap rate or use the space for your business with other tenants paying your mortgage! (id:27476)

Located on Main Street in Bonnyville, this 10,450 sq/ft building is currently available for sale or lease. The building features a functional storefront with 1700 sq/ft of retail space, as well as a newly renovated 2-bedroom living quarter situated directly behind it. The potential for this property is vast, offering the opportunity to minimize costs by utilizing the living space for business operations, employee housing, or as a break-room with an additional office.

Additionally, there is a 33x18 (approx) room that can serve as a conference room or be leased separately due to its two separate entrances. This versatile space could be utilized for private services such as massage, aesthetics, or small business operations. The leasing prices start as low as $14 per sq/ft, making it an attractive option for potential tenants.

Currently, 60% of the building is already rented out to long-term tenants, providing a steady income stream. There is the opportunity to fill the remaining space, which could result in a favorable cap rate, or alternatively, the space could be utilized for personal business operations with the added benefit of other tenants contributing to the mortgage payments.

This property is conveniently located at 5024 50th Avenue in the city of Bonnyville Town, Alberta, with a postal code of T9N2G8.