5601 31 Street Lloydminster, Alberta T9V 2H3
$1,475,000
For Sale: Prime Investment Opportunity - 5-Bay Mini Mall in Lloydminster, Alberta. This meticulously maintained 5-bay mini mall offers an exceptional investment opportunity in a prime location within Lloydminster, Alberta. With a reliable lineup of long-term tenants and an attractive cap rate, this property is ideally suited for investors seeking a stable income-generating asset. Key Highlights: Long-Term Tenants: The mini mall has a robust tenant base, ensuring steady cash flow with low vacancy risk. These long-standing tenants are established businesses that bring consistent foot traffic and serve the needs of the local community. Strategic Location: Positioned across from local schools and within close proximity to Bud Miller Park, shopping centers, a hockey rink, and other popular amenities, the mall benefits from a high-visibility, high-traffic location. This prime spot appeals to both tenants and customers, enhancing the property's long-term desirability. Exceptional Maintenance Standards: The building's upkeep is managed by quality contractors under comprehensive service contracts, ensuring that both the exterior and interior are well-maintained with minimal interruptions. This commitment to maintenance not only preserves the property's aesthetic and structural integrity but also provides peace of mind for potential investors. Strong Cap Rate: This property offers an attractive cap rate, positioning it as an excellent income-generating asset with significant growth potential. This mini mall is an ideal investment for those looking to capitalize on the economic stability of Lloydminster and the enduring appeal of a well-located commercial property. Whether you are a seasoned investor or looking to diversify your portfolio, this property offers both security and potential for future appreciation. Don’t miss out on this prime investment opportunity in Lloydminster! (id:44104)
Property Details
| MLS® Number | A2176122 |
| Property Type | Retail |
| Community Name | Steele Heights |
| Features | Back Lane, Level |
| Plan | 842 2203 |
Building
| Constructed Date | 1984 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 10186 Sqft |
| Size Interior | 10186 Sqft |
| Total Finished Area | 10186 Sqft |
| Type | Retail |
Land
| Acreage | No |
| Size Frontage | 63.4 M |
| Size Irregular | 35758.68 |
| Size Total | 35758.68 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) |
| Size Total Text | 35758.68 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/27601073/5601-31-street-lloydminster-steele-heights
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October 31 2024 05:35:38
REALTORS® Association of Lloydminster & District
Century 21 Drive