Contact
1-877-888-3131
Sign-in/up
Search for Sale
Buyer Cashback
Back to Map
Share
$549,900
Alberta,Grande Prairie
For Sale Active
9801 97 Avenue, Grande Prairie, Alberta T8V0M9
  • 4,259 Sqft
Contact Seller
Basic Details
Description

This is a premier “turnkey” acquisition opportunity in the heart of downtown Grande Prairie. The current owner is prepared to offer a 12-month leaseback on the main floor (or a negotiated portion of the building), providing the purchaser with guaranteed Day 1 income. This unique arrangement mitigates vacancy risk and provides immediate debt-service coverage while the new owner stabilizes the

asset or plans a long-term leasing strategy.Asset Performance & Value-Add PotentialThe building comprises ± 4, 259 sq. ft. of versatile space across two levels, offering a low-barrier entry into the downtown core with high revenue potential:Dual-Tenancy Model: Architecturally suited for a main-floor commercial tenant and an independent upper-level professional office or residential live/work suite.Yield Projection: Based on current Central Commercial (CC) zoning trends, the property offers a conceptual gross income range of $43, 000 – $70, 000+ annually (depending on configuration and market verification).Accessibility Advantage: The main floor is fully wheelchair accessible, targeting a high-demand, underserved niche for medical, legal, and government-agency tenancies.Strategic Capital ImprovementsMinimize near-term CAPEX and maximize ROI with recent high-value upgrades:New Flat Roof (Recently installed)Modernized exterior siding and professional entranceContemporary interior presentation aligned with neighboring modern developmentsSite Flexibility & Future UpsideOn-Site Parking: Situated on an 8, 000 sq. ft. lot, providing the essential parking required for professional service firms.Strategic Acquisition: An adjacent 33′ x 122′ lot is available for separate purchase, offering a rare “land-bank” opportunity for building expansion, additional parking, or a phased multi-use redevelopment.Property SpecificationsTotal Building Size: ± 4, 259 Sq. Ft.Lot Size: 8, 000 Sq. Ft. (Plus adjacent lot option)Zoning: CC (Central Commercial) – supports professional, health, and educational uses.Location: Prime Downtown core with high visibility and established foot traffic.Ideal for owner-users seeking to build equity or investors looking for a value-add asset with immediate stability.Additional information and the “Mixed-Use Business Supplement” are available upon request through your Commercial REALTOR®. (id:62650)

Read More
Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: A2249826
  • Price: $549,900
  • Square Footage: 4,259 Sqft
  • Year Built: 1958
  • Status: Active
  • Office Name: RE/MAX Grande Prairie
  • Property Sub Type: Other
  • Office Key: 48822
Address Map
  • Location: CA, Alberta, Grande Prairie, Central Business District, T8V0M9
  • Street: 97
  • Street Number: 9801
  • Street Suffix: Avenue
  • Longitude: W119° 12' 40.4''
  • Latitude: N55° 10' 3.8''
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 8052.48
Financial
  • Tax Annual Amount: 8737
Powered by REALTOR.ca
Listing updated: 2026-07-22 06:14:44
Schedule a Tour
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 1584776
  • List Office Key: 48822
  • Modification Timestamp: 2026-07-22T04:30:05Z
  • Originating System Name: Grande Prairie & Area Association of REALTORS®
  • Status Change Timestamp: 2026-07-22T04:29:42Z
Powered by REALTOR.ca
Listing updated: 2026-07-22 06:14:45
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

Terms of Use

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More