4820 49 Street, Redwater, AB T0A2W0
4820 49 Street, Redwater, AB T0A2W0
4820 49 Street, Redwater, AB T0A2W0
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Michael Duval

Michael Duval

+1(403) 700-9409
$849,000
Est. payment /mo
6,400 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6400

Square Footage 6,400 sqft

Price per Sqft $132

MLS® Listing ID 44931927

Year Built 1949

Lot Size 9,104 Sqft

Acres 9104.04

Property Description

Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta's oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Michael Duval

Michael Duval

+1(403) 700-9409

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