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Renanza Realty
For sale

10117 102

Lac La Biche, Alberta

MLS® A2350367

$1,299,900

Status
Active
Property type
Retail
MLS® number
A2350367
Bedrooms
—
Bathrooms
—
Year built
2017

Listing description

Introducing a remarkable opportunity to invest in a modern 3-story building constructed in 2017, ideally located on 102 Avenue, just one block off Main Street in the charming town of Lac La Biche. This property has been meticulously designed to embody success, providing endless possibilities for investors. 8.

5 CapThe thriving community surrounding this prime location offers the perfect backdrop for your entrepreneurial ambitions. The ground floor features three rental bays, creating diversified income streams that enhance your investment’s value. On the second floor, you'll find an impressive pool hall with a bar, accommodating up to 134 guests.

This space includes a commercially approved kitchen and a corner stage, making it an ideal venue for hosting live bands and events. Additionally, the outdoor patio offers stunning views of the lake, providing a picturesque setting for patrons to enjoy. The third floor boasts luxurious living accommodations, highlighted by a penthouse-style apartment featuring one bedroom, one bath, and a private rooftop deck with a gazebo overlooking the lake.

This exquisite space is perfect for owner-occupancy or can serve as additional rental income. This property represents a unique blend of business potential and lifestyle luxury, catering to both experienced entrepreneurs and those looking to embark on a new investment venture. Don’t miss out on this exceptional opportunity to secure a stake in a flourishing market.

Property summary

MLS® number
A2350367
Property type
Retail
Building type
Retail
Size
9,000 sq ft
Built in
2017
Annual property taxes
$11,134.44
Parking
12 spaces
Days on market
5 days

What would this home cost you?

Based on the $1,299,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,048 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER UNITED, Fort McMurray.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.