The Jewel of Lacombe. 19,250 square feet over 3 floors. Fully occupied commercial building showing impressive returns. Building has had major renovations and updates over the last few years. Nothing left to do. Long term major anchor tenants in place. Located in the heart of downtown Lacombe close to all amenities and has parking galore. Substantially renovated building priced at half of what building new would cost. Includes separately titled parking lot which could be sold if you choose to. Vendor will give preference to a share sale as opposed to asset sale. Share sale would benefit buyer as a turn key operation with no need to change any tenant leases or service provider contracts. As of Jan 2023 85% of tenants will be on long term leases. As of Jan. 2023 Net income should be $180,000
Greg Pallister is a co-listing associate and can be contacted at 403-396-0357
Contact Lisa Suarez About MLS® A1193290
Lisa Suarez, (403) 782-3171 at Royal LePage Lifestyles Realty, 5820 Highway 2A, Lacombe, Alberta, T4L 2G5
Listing Courtesy of Royal LePage Lifestyles Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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