101-215, 10118 100 Avenue, Peace River, AB T8S1R3

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,999,900

Est. payment | -/mo

32,080 SqFt

Save

$ 1,999,900

Est. payment | -/mo

Save

32,080 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 32,080 sqft

Price per Sqft $62

Subdivision Downtown

MLS® Listing ID A2172417

Year Built 1984

Property Sub-Type Freehold

Source Grande Prairie & Area Association of REALTORS®

Property 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:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air, Hot Water, , Radiant heat

Cooling None

Flooring Carpeted, Laminate, Linoleum

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 37

Private Pool No

Building

Story 3

Others

Ownership Freehold

Listed by Century 21 Town and Country Realty

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

101-215, 10118 100 Avenue Peace River, AB T8S1R3