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$ 89,000
Est. payment | /mo
1,908 SqFt
$ 89,000
Est. payment | /mo
1,908 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,908 sqft
Price per Sqft $46
Subdivision Provost
MLS Listing ID A2324688
Year Built 1963
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Mixed-Use Commercial Property in Provost,Alberta
This older mixed-use commercial property offers a combination of retail,office,and residential space,with some renovations completed over the years.
The front area is currently set up as a salon/barber shop or retail space,providing a functional commercial footprint for a small business or service-based tenant.
The middle section of the building includes 3 private offices,a sitting area,and a washroom. Two of the offices are currently vacant,which may provide an opportunity for additional rental income if leased.
At the rear of the building is a 1-bedroom,1-bath residential suite with a kitchen,living room,and front/rear access. The suite adds another potential income source or flexible-use area within the property.
Updates include a new roof in 2020,flooring updates in 2017,and kitchen and bathroom renovations in the residential suite completed around 2014/2015.
Financial Performance — January 1 to June 30,2026
Based on the information provided,the property has generated the following year-to-date numbers:
Gross rental income,6 months: $8,340.00
Operating expenses,taxes and utilities: $3,986.07
Net operating income,6 months: $4,353.93
Annualized projected NOI: $8,707.86
Located in Provost,Alberta,this property may be suitable for a buyer looking for an older mixed-use building with existing rental income,completed updates,and the potential to improve revenue through vacant office lease-up.
This older mixed-use commercial property offers a combination of retail,office,and residential space,with some renovations completed over the years.
The front area is currently set up as a salon/barber shop or retail space,providing a functional commercial footprint for a small business or service-based tenant.
The middle section of the building includes 3 private offices,a sitting area,and a washroom. Two of the offices are currently vacant,which may provide an opportunity for additional rental income if leased.
At the rear of the building is a 1-bedroom,1-bath residential suite with a kitchen,living room,and front/rear access. The suite adds another potential income source or flexible-use area within the property.
Updates include a new roof in 2020,flooring updates in 2017,and kitchen and bathroom renovations in the residential suite completed around 2014/2015.
Financial Performance — January 1 to June 30,2026
Based on the information provided,the property has generated the following year-to-date numbers:
Gross rental income,6 months: $8,340.00
Operating expenses,taxes and utilities: $3,986.07
Net operating income,6 months: $4,353.93
Annualized projected NOI: $8,707.86
Located in Provost,Alberta,this property may be suitable for a buyer looking for an older mixed-use building with existing rental income,completed updates,and the potential to improve revenue through vacant office lease-up.
Location
Province AB
County 0258
Zoning C1
Interior
Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Inclusions na
Fireplace No
Exterior
Roof Type Metal
Garage No
Building
Dwelling Type Mixed Use
Foundation Poured Concrete
Others
Restrictions None Known
Listed by ROYAL LEPAGE WRIGHT CHOICE REALTY
LOCATION AND OTHER NEARBY PROPERTIES
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Shuvolaxmi Dutta
Highly recommend! An absolute pleasure to work with.
We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision.
He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way.
What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind.
Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation!
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Stallone Dias
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Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind.
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Michael Rand
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