$2,499,900.00 9,240 Sq.ft

5000 Lakeshore Drive , Sylvan Lake. T4S 1R3

Description

REVENUE INVESTMENT PROPERTY totally leased out with long term solid tenant in place. BEST LOCATION in Central Alberta with 2 balconies right over the lake and private off street parking. Triple net lease with escalating Base Rent. This means that unlike residential leases the landlord nets the Base rent as the tenant covers all the operating costs including taxes, insurance, R&M, utilities, snow removal etc. etc. via the Additional Rent. Another bonus over residential income properties is that your tenant is a pleasant easy to work with business couple.

Listing Information

Prop. Type:Commercial
Status:Pending
MLS #:A2089798
City:Sylvan Lake
Neighbourhood:Downtown
Province:Alberta
Building/Unit Size: 9,240 sq.ft
Land Size:0.14 Acre
Listing Price:$2,499,900.00
Lease Rate: $0.00
Business Type:
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:LDC
Listing Contract Date:2023-10-25

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Royal Lepage Network Realty Corp." listing brokerage.

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