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$1,800,000
Alberta,Morinville
For Sale Active
10701 100 Ave, Morinville, Alberta T8R1A2
  • 3,899 Sqft
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Basic Details
Description

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual

revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 44802240
  • Price: $1,800,000
  • Square Footage: 3,899 Sqft
  • Year Built: 2021
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 67036
Address Map
  • Location: CA, Alberta, Morinville, T8R1A2
  • Longitude: W114° 20' 31.4''
  • Latitude: N53° 48' 5.2''
Additional Information
  • Lot Size Dimensions: 24829.199999999997
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Listing updated: 2026-05-18 07:16:21
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Listing Information
  • List Agent Key: 1478021
  • List Office Key: 67036
  • Modification Timestamp: 2026-05-02T13:26:02Z
  • Originating System Name: REALTORS® Association of Edmonton – Commercial
  • Status Change Timestamp: 2026-05-02T13:18:48Z
Powered by REALTOR.ca
Listing updated: 2026-05-18 07:16:21
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