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Renanza Realty
For sale

10426 95 Avenue

Sexsmith, Alberta

MLS® A2328983

$1,799,900

Status
Active
Property type
Industrial
MLS® number
A2328983
Bedrooms
Bathrooms
Year built
1980

Listing description

Turnkey multi-tenant commercial property in Sexsmith, Alberta offering an excellent opportunity for investors or owner-users seeking strong in-place income, functional space, and a versatile site. Situated on 1. 86 acres with a great location and great yard, this property is well suited for a small or large business and has a long history of strong occupancy.

The building offers approximately 13,920 square feet in total, including a 9,240 square foot main floor and a 4,680 square foot mezzanine, creating a substantial footprint for industrial, commercial, service, automotive, or contractor-oriented use. The property is improved with a multi-bay layout and a stable tenant mix that supports dependable revenue. Current rents total $16,845 per month, equating to $202,140 annually based on the individual bay amounts provided, with several tenants having occupied the property for many years and multiple lease terms extending into 2027.

Known annual operating expenses provided by the seller include utilities of $16,887, property taxes of $12,181, and Telus camera security at $936 annually, for total known expenses of $29,004 and a resulting net operating income of $172,136, offering an exception return! This doesn't even factor in development and rental of the Mezzanine. Water is free - Drilled Well, and the Bay 2 tenant currently handles snow removal.

This is a true turnkey investment property with numerous cosmetic and delivery-system mechanical updates already completed, helping support its marketability and ongoing functionality. The combination of strong historical occupancy, diversified bay income, usable yard space, and flexibility for either continued investment use or partial owner occupancy makes this a compelling commercial opportunity in the Sexsmith market. Buyers seeking a well-maintained, income-producing asset with practical utility and future upside will recognize the value this property has to offer.

Property summary

MLS® number
A2328983
Property type
Industrial
Square footage
13,920 sq ft
Land size
1.86 acres
Built in
1980
Annual property taxes
$12,036.00
Days on market
46 days

What would this home cost you?

Based on the $1,799,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,375 /mo

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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 Grassroots Realty Group Ltd., Grande Prairie.

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.