Courtesy Of Royal LePage Lifestyles Realty

5033 52 Street, Lacombe

$2,600,000


The Jewel of Lacombe. 19,250 square feet over 3 floors. Fully occupied commercial building showing impressive returns. Building has had major renovations and updates over the last few years. Nothing left to do. Long term major anchor tenants in place. Located in the heart of downtown Lacombe close to all amenities and has parking galore. Substantially renovated building priced at half of what building new would cost. Includes separately titled parking lot which could be sold if you choose to. Vendor will give preference to a share sale as opposed to asset sale. Share sale would benefit buyer as a turn key operation with no need to change any tenant leases or service provider contracts. As of Jan 2023 85% of tenants will be on long term leases. As of Jan. 2023 Net income should be $180,000 Greg Pallister is a co-listing associate and can be contacted at 403-396-0357

Essential Information
MLS® #A1193290
Price$2,600,000
Bathrooms0.00
Acres0.00
Year Built1977
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address5033 52 Street
SubdivisionDowntown Lacombe
CityLacombe
CountyLacombe
ProvinceAlberta
Postal CodeT4L 2A6
Additional Information
Date ListedMarch 17th, 2022
Days on Market257
ZoningC1
Listing Details
Office

Courtesy Of Royal LePage Lifestyles Realty

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