Lloydminster, AB T9V 2H3,5601 31 ST
Lloydminster, AB T9V 2H3,5601 31 ST
Lloydminster, AB T9V 2H3,5601 31 ST
Lloydminster, AB T9V 2H3,5601 31 ST
Lloydminster, AB T9V 2H3,5601 31 ST
Lloydminster, AB T9V 2H3,5601 31 ST
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$ 1,475,000
Est. payment | /mo

0.82 Acres Lot


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$ 1,475,000
Est. payment | /mo
Save

0.82 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Steele Heights

MLS® Listing ID A2176122

Originating Board Lloydminster

Year Built 1984

Annual Tax Amount $15,960

Tax Year 2024

Lot Size 0.821 Acres

Acres 0.82

Property Description

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!

Location

Province AB

County Lloydminster

Area West Lloydminster

Zoning C3

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Inclusions TBD

Exterior

Roof Type Asphalt Shingle

Lot Frontage 208.0

Building

Lot Description Back Lane, City Lot, Corner Lot, Level, Paved

Structure Type Brick

Others

Restrictions None Known

Tax ID 56793413

Ownership Private

Listed by CENTURY 21 DRIVE
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+1(403) 606-2730

charlie@charliesellscalgary.com

1816 Crowchild Trail NW Suite 700

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5601 31 ST