9820 100 Avenue

    Grande Prairie, AB T8V 0T8
    • $4,850,000
    • STATUS: Active
    • ID#: C4254410
    UPDATED: 47 min ago
    $4,850,000
    • 0
      BEDS
    • 0
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 26,205
      SQFT
    • $185
      $/SQFT
    Neighbourhood:
    Vla
    Type:
    Commercial
    Built:
    1970

    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.

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    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-09-18T07:29:30.287.
    www.livelovecalgary.com/homes/96018746

    9820 100 Avenue Grande Prairie, AB T8V 0T8

    • Price: $4,850,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: C4254410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0
    Acres
    26,205
    SQFT
    $185
    $/SQFT
    1970
    Built
    Neighbourhood:
    Vla
    Area:
    Grande Prairie
    Property 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.
    Exterior Features

    Garage Yn No

    Property Features

    Condo Type Not A Condo Ensuite Yn No Property Sub Type Office Transaction Type For Sale

    Listing provided courtesy of Form Real Estate Advisors Inc.. © 2019 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-09-18T07:29:30.287.
     
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