Listing Courtesy of Glen Good of RE/MAX Real Estate

MLS®: 44802240 - $1,800,000

  • Address: Not available
  • Size: sq.ft.
  • 0
  • Other

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Pr

MLS®: 44802240 - $1,800,000

  • Address: Not available
  • Size: sq.ft.
  • 0
  • Other

Property Information

Year Built: 2021

Brokerage: RE/MAX Real Estate

Listed Date: Please login or create an account

Community Information

City/Town: Sturgeon

Exterior

Lot Size: 0.00 sq.ft.

Interior

Rooms

Bathrooms: Full: 0 / Half: 0

Legal, Financial & Possession

Listing Courtesy of Glen Good / RE/MAX Real Estate

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2026, 4:00 pm.

MLS®: 44802240 - $1,800,000

  • Address: Not available
  • Size: sq.ft.
  • 0
  • Other

Listing Courtesy of Glen Good / RE/MAX Real Estate

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2026, 4:00 pm.

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