5000 Lakeshore Drive, Sylvan Lake, Alberta T4S 1R3 (26213032)
5000 Lakeshore Drive Sylvan Lake, Alberta T4S 1R3
$2,499,900
REVENUE INVESTMENT PROPERTY totally leased out with long term solid tenant in place. BEST LOCATION in Central Alberta with 2 balconies right over the lake and private off street parking. Triple net lease with escalating Base Rent. This means that unlike residential leases the landlord nets the Base rent as the tenant covers all the operating costs including taxes, insurance, R&M, utilities, snow removal etc. etc. via the Additional Rent. Another bonus over residential income properties is that your tenant is a pleasant easy to work with business couple. (id:36938)
Property Details
| MLS® Number | A2089798 |
| Property Type | Retail |
| Community Name | Downtown |
| Plan | 0221204 |
| Total Buildings | 1 |
Building
| Constructed Date | 2003 |
| Cooling Type | Central Air Conditioning |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Other |
| Size Exterior | 9240 Sqft |
| Size Interior | 9240 Sqft |
| Total Finished Area | 9240 Sqft |
| Type | Retail |
Land
| Acreage | No |
| Size Frontage | 23.77 M |
| Size Irregular | 5919.00 |
| Size Total | 5919 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 5919 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Ldc |
https://www.realtor.ca/real-estate/26213032/5000-lakeshore-drive-sylvan-lake-downtown
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April 21 2024 03:10:46
Central Alberta REALTORS® Association
Royal LePage Network Realty Corp.