REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 359,900
Est. payment | /mo
1,500 SqFt
$ 359,900
Est. payment | /mo
1,500 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $239
MLS Listing ID A2330121
Year Built 1981
Property Sub-Type Retail
Property Description
AMAZING INVESTMENT OPPORTUNITY! Here's your chance to own a well-maintained commercial building with a proven,long-term government tenant. Located in the heart of Wembley,this solid concrete block building has been home to Canada Post since it was constructed in 1981,providing exceptional stability and reliability for investors.
The current lease is in place until May 31,2029,generating $29,000 per year + GST,with renewal options available,offering an attractive 7%+ cap rate. This is a true turnkey investment with a strong,established tenant and consistent income.
The property has been well cared for,with the furnace replaced over the years,features wheelchair accessibility,and offers ample rear parking for staff and customers.
If you're looking for a low-maintenance commercial investment backed by a long-standing national tenant,this property deserves your attention.
The current lease is in place until May 31,2029,generating $29,000 per year + GST,with renewal options available,offering an attractive 7%+ cap rate. This is a true turnkey investment with a strong,established tenant and consistent income.
The property has been well cared for,with the furnace replaced over the years,features wheelchair accessibility,and offers ample rear parking for staff and customers.
If you're looking for a low-maintenance commercial investment backed by a long-standing national tenant,this property deserves your attention.
Location
Province AB
County 0133
Zoning C-1 - COM
Interior
Inclusions none
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions None Known
Listed by RE/MAX Grande Prairie
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
Charlene Soares
Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
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