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$1,999,900
Alberta,Peace River
For Sale Active
101-215, Peace River, Alberta T8S1R3
  • 31,185 Sqft
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Basic Details
Description

Now available is a mixed use building with 26 titled units, 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 – 1 bed units and 10 2 – bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently

leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants – the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired – this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles – great for visitors or additional vehicles. Residential and commercial income in as of May 2025 was ~$29, 000 +/- with no residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant – this allows for potential income stream to increase substantially!! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: A2264118
  • Price: $1,999,900
  • Square Footage: 31,185 Sqft
  • Year Built: 1984
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 256533
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Hot Water, Radiant heat
  • Cooling System: None
  • Parking: Garage, Heated Garage
  • Exterior Features: Concrete
  • Flooring: Laminate, Carpeted, Linoleum
Address Map
  • Location: CA, Alberta, Peace River, Downtown, T8S1R3
  • Street: 100
  • Street Number: 10118
  • Street Suffix: Avenue
  • Longitude: W118° 42' 46.7''
  • Latitude: N56° 14' 3.4''
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Stories: 3.0
Financial
  • Tax Annual Amount: 39128
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Listing updated: 2026-06-19 16:02:40
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Listing Information
  • List Agent Key: 1559917
  • List Office Key: 256533
  • Modification Timestamp: 2026-06-16T15:00:01Z
  • Originating System Name: Grande Prairie & Area Association of REALTORS®
  • Status Change Timestamp: 2026-06-16T14:50:17Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 16:02:40
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