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$ 849,000
Est. payment | /mo
6,400 SqFt
$ 849,000
Est. payment | /mo
6,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6400
Square Footage 6,400 sqft
Price per Sqft $132
MLS® Listing ID 44931927
Year Built 1949
Lot Size 9,104 Sqft
Acres 9104.04
Property Description
Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta's oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Exp Realty
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