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Olds,AB T4H1C6
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID A2205693
Originating Board Calgary
Year Built 1953
Annual Tax Amount $11,266
Tax Year 2024
Lot Size 0.651 Acres
Acres 0.65
Property Sub-Type Mixed Use
Property Description
Located at the busiest intersection of Olds, this .65-acre commercial property offers outstanding investment potential. With 6,500 sqft of commercial space, it features two fully equipped shops. One shop is currently leased under a stable long-term NNN lease, providing immediate cash flow, while the other shop is vacant but offers excellent potential for a long-term lease as well.
This property boasts an impressive 8+% cap rate when fully leased, ensuring a strong return on investment. Its high visibility and prime location provide unlimited redevelopment potential, making it an ideal opportunity for both investors and developers.
All necessary reports are available for review. Don't miss out on this incredible investment opportunity! Schedule a showing with the listing agent today!
Location
Province AB
County Mountain View County
Zoning CH
Others
Restrictions Call Lister
Tax ID 93042576
Ownership Private