$ 1,690,000

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)
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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

Contact Agent Get in touch about 10701 100 Ave, Morinville

Glen Good
Glen Good
RE/MAX Real Estate

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