Property Details for MLS® # E4457584
Business for Sale
Property For Sale In Old Fort Saskatchewan, Fort Saskatchewan
- MLS®#: E4457584
- Price: $1,499,900
- Year Built: 1963
This good mixed use building is located in the Heart of Old Fort Saskatchewan! Fort Saskatchewan is a rapid growing city with lots of big oil and gas industries around. This building has 2 fully leased commercial bays (with rent increase annually) on the main floor and 6 residential units on the second floor. A corner lot allowing for lots of windows along the front and sides. The second floor has fully rented 3 bachelor suites plus 3 one bedroom suites. Lots of on and off street parking, directly behind the building, across the alley on city property and on street along the side and front of the building. Recent major upgrades: complete roof membrane redone, new heating system and the 2 commercial space improvements. One block to public library and walk to many surrounding restaurants, shops and parks. This is a great investment with good long term tenants and excellent income. This is a good holding property with 6.5% cap rate including management fees or 7.5% cap rate if self manage.
Contact Darcy Torhjelm About MLS® E4457584

Darcy Torhjelm, 780-963-4004 at RE/MAX Real Estate, 102-4245 97 Street, Edmonton, Alberta, T6E 5Y7
property information
- Property Type: Business, Business with Property, Multi-Family, Retail
- MLS®#: E4457584
- Year Built: 1963
Community Information
- Neighbourhood: Old Fort Saskatchewan
- City: Fort Saskatchewan
- Postal Code: T8L 1Z1