Business opportunity in Alberta Beach. LAKEFRONT PROPERTY located on main street right beside the pier & the public beach. Huge lot with 2 buildings including a 5200+ sq ft 2 storey building which is leased by a well established grocery store. Triple net lease & potential cap 8.5% plus there is room to grow the income on the upper level which currently contains one 1000 sq ft fully developed apartment suite featuring lakefront views, 2 bedrooms & a private entrance. There is space for 3 more apartments upstairs. The second building (about 800 sq ft) 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® E4158256
Lori Wolfe, 780-962-8580 at RE/MAX Real Estate (Spruce Grove Branch), 4,16 Nelson DR, Spruce Grove, Alberta, T7X 3X3
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