10701 100 Ave, Morinville
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 $84,187 in annual revenue, the income is scheduled to increase to $88,187starting 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 $1.69 million (plus applicable GST), this represents a stabilized cap rate of approximately 5.27%. 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:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 10701 100 Ave, Morinville
- Type
- Commercial
- Living Area
- 3,899 square feet
- Lot Size
- 24829.199999999997
Nearby Listings Stat
Estimated price and comparable properties near 10701 100 Ave
Active Listings
56
Min Price
$99,900
Max Price
$2,500,000
Avg Price
$559,260
Days on Market
68
days
Sold Listings
21
Min Sold Price
$179,900
Max Sold Price
$675,000
Avg Sold Price
$434,841
Days until Sold
53
days
Neighbourhood Census Data
Morinville, Alberta
Population
1,055
Median Age
36.2
Median Income
$44,693
Dwelling Value
$299,708
Housing Tenure
Owners 63%
Renters 36%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 748.5/km²
Avg Shelter Cost: $1,265/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 13.8%
Tenants Spending 30%+: 27.3%
English only: 87.7%
French only: 0.5%
English and French: 11.4%
Neither: 0.5%
Median Household Income: $84,736
Median Employment Income: $46,208
Price History
Listed
May 1, 2026
by RE/MAX Real Estate
Current Price
$1,690,000
-6.1% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,690,000 | $110,000 (-6.1%) |
| Aug 13, 2026 | $1,800,000 | Listed |