Excellent opportunity in Alberta Beach. LAKEFRONT PROPERTY located on main street right beside the pier and the public beach. Huge lot with 2 buildings including a 5200 + sqft 2 storey building which is leased by a well established grocery store (3 years remaining on lease) TRIPLE NET LEASE and potential CAP 8.5%+. PLUS there is room to grow the income on the upper level which currently contains one 1000 sqft fully developed apartment suite featuring lakefront views, 2 bedrooms and a private entrance. Best part there is room for 3 more apartments in the future! The second building (about 800 sqft) is also leased (by an Agent of Alberta Treasury Branch). Located less than 60 kms West of Edmonton. the Village of Alberta Beach is a popular destination on beautiful Lac ste Anne where the population swells from 900 to over 3000 during summer weekends.
Contact Lori Wolfe About MLS® E4042446
Lori Wolfe, 780-962-8580 at RE/MAX Preferred Choice, 4,16 Nelson DR, Spruce Grove, Alberta, T7X 3X3
Property Type: Retail Property
Neighbourhood: Alberta Beach
City: Lac Ste. Anne
Postal Code: T0E 0A0
By Creating an Account You'll Access:
More Lac Ste. Anne Listings
Browse through every listing in the MLS® System and do as many different searches as you like!
Days on Market & Financial Info
See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
Save Your Favorites
Star favorite listings, add personal notes, and save custom searches you use frequently!
Real Time Email Notifications
Opt in to receive emails when new properties are listed that match your saved searches!
Disclaimer: Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated December 2, 2023, 1:44 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.