$4,850,000.00 0.00 acre

9820 100 Avenue , Grande Prairie. T8V 0T8

Description

(1) Two-storey office building complete with full height sub-grade basement, along 100 Avenue in Grande Prairie's central business district. (2) Fully-leased with significant holding income until June 2022. (3) Pomeroy Inn & Suites, a successful privately-owned hotel & lodging company, comprises over 75% of the Net Rentable Area and accounts for 95% of the Net Operating Income. (4) Potential to increase rentable area by converting theatre into usable office space. (5) Existing owner implemented an extensive renovation and capital improvement program throughout 2015. (6) Pomeroy Inn & Suites would be interested in re-leasing smaller space.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4254410
City:Grande Prairie
Neighbourhood:Vla
Province:Alberta
Building/Unit Size: 26,205 sq.ft
Lot Size:185 sq.ft
Land Size:0.00 Acre
Listing Price:$4,850,000.00
Listing Price Arce:$0 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:CC
Listing Contract Date:2019-06-17

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "FORM REAL ESTATE ADVISORS INC." listing brokerage.

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