$190,000.00 1,750 Sq.ft

5016 Victoria Avenue , Coronation. T0C 1C0

Description

Excellent Investment Opportunity in Coronation! Versatile commercial office/retail building offers high visibility with a prominent storefront and convenient front parking. Constructed with durable cement block, the property measures 25’ x 70’ for a total of 1,750 sq ft. Currently tenanted under a Triple Net Lease until 2028, this space has provided consistent rental income over the years. The interior has been updated and includes professional office spaces, a staff room, washroom, and a welcoming front entry. The building is heated with a boiler and radiant heat system. New asphalt shingles installed in June 2024. A solid addition to any commercial portfolio or a smart owner-user opportunity in the future. $17388 in annual net income creates a beautiful 9.15% return.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2232461
City:Coronation
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 1,750 sq.ft
Land Size:0.00 Acre
Listing Price:$190,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2025-10-14

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Masters" listing brokerage.

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