10118 100 Avenue, Peace River

10118 100 Avenue, Peace River, AB T8S1R3 Photo 1

19 Photos

10118 100 Avenue, Peace River, AB T8S1R3 Photo 2
10118 100 Avenue, Peace River, AB T8S1R3 Photo 3
10118 100 Avenue, Peace River, AB T8S1R3 Photo 4
10118 100 Avenue, Peace River, AB T8S1R3 Photo 5
10118 100 Avenue, Peace River, AB T8S1R3 Photo 6
10118 100 Avenue, Peace River, AB T8S1R3 Photo 7
  • Living area: 26600 square feet
  • MLS®: a2020551
  • Type: Commercial
  • Added: 464 days ago

Property Details

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 15 - 1 bed units and 11 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 $3790 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 are very particular in regards to tenants and currently have 3 vacant residential units that will be filled once a suitable tenant is found. 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. There is an upside to increase revenue with additional income from the 3 units and the 3500 sq ft of commercial space - potentially a 20%+ increase to the yearly revenue. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles (id:1945)

Property Information

  • Tax Lot: NA
  • Cooling: None
  • Heating: Radiant heat, Forced air, Natural gas, Hot Water
  • Tax Year: 2022
  • Tax Block: NA
  • Year Built: 1984
  • Living Area: 26600
  • Photos Count: 19
  • Parcel Number: 0026927367
  • Parking Total: 29
  • Structure Type: Commercial Mix
  • Common Interest: Freehold
  • Subdivision Name: Downtown
  • Tax Annual Amount: 37842
  • Exterior Features: Concrete
  • Security Features: Smoke Detectors
  • Building Area Total: 26600
  • Foundation Details: Poured Concrete
  • Zoning Description: Mixed Commercial/Residential
  • Construction Materials: Poured concrete, Wood frame
  • Above Grade Finished Area: 26600
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Peace River, Alberta It is located 486 kilometres (302 mi) northwest of... 0.2 km
Northern Sunrise County Located in Census Division 17, its municipal offic... 0.2 km
Panago Pizza Restaurant 9901 100 St 0.2 km
Peter Szechuan Restaurant Restaurant 9809 100 St 0.2 km
Domino's Pizza Restaurant 9807 100 St 0.2 km
Subway Restaurant 9816 100 St 0.2 km
Magic Lantern Cinema 72 Movie theater 10035 101 St 0.2 km
Valley Health Health 10019 100 St 0.2 km
Peace Garden Restaurant Restaurant 10016 100 St 0.3 km
Blue Bridge Restaurant 9703 100 St 0.3 km
Bell - Peace River Grocery or supermarket 10032-100th St 0.3 km
Smitty's Restaurants Restaurant 9609 101 St 0.3 km
Similar Commercial listings Stat in Peace River
We have found 4 Commercial that closely match the specifications of the property located at 10118 100 Avenue with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 2,000,000 and 3,300,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the T8S1R3 postal code area of Peace River Alberta Canada.

Demographic Information

Neighbourhood Education

Master's degree 35
Bachelor's degree 55
University / Above bachelor level 20
University / Below bachelor level 10
College 95
University degree at bachelor level or above 115

Neighbourhood Marital Status Stat

Married 185
Widowed 35
Divorced 25
Separated 20
Never married 155
Living common law 70
Married or living common law 255
Not married and not living common law 235

Neighbourhood Construction Date

1961 to 1980 75
1981 to 1990 20
1991 to 2000 10
2001 to 2005 10
2006 to 2010 15
1960 or before 100
Comparison of 10118 100 Avenue, Peace River, AB with Nearby Commercial listings
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Rural Grande Prairie No 1 County Of Real Estate 307 $724.879
Dawson Creek Real Estate 71 $422.354
High Level Real Estate 66 $313.490
Fort St John Real Estate 366 $529.089
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Calgary Real Estate 2571 $819.441
Kamloops Real Estate 742 $798.543
Vernon Real Estate 861 $831.686
Kelowna Real Estate 1408 $1.129.762
West Kelowna Real Estate 414 $942.016
Penticton Real Estate 624 $792.158
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