4820 49 St
Redwater, Alberta
MLS® 44931927
$849,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 44931927
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1949
1 / 6Listing description
Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7. 8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities.
Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market.
Property summary
- MLS® number
- 44931927
- Property type
- Retail
- Size
- 6,400 sq ft
- Land size
- 9104.04 square feet
- Built in
- 1949
- Days on market
- 134 days
What would this home cost you?
Based on the $849,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Exp Realty, Edmonton.
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.