Listed by Pam Gill • Sutton Central Commercial Real Estate
$2,835,000
Est. payment /mo
Active
5030 49 AV SW Vegreville, AB T9C 1P3
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4456393
Year Built 1986
Property Description
Located just 103 km east of Edmonton along Highway 16, Vegreville is a vibrant town in central Alberta known for its rich cultural heritage and welcoming community. With a population of over 6,000, Vegreville offers small-town charm with big opportunities. This beautifully maintained 3.5-storey wood frame complex combines charm, functionality, and long-term value. Durable gable roof replaced with upgraded hot water heating system. Newer hot water tank and boiler pumps. Each unit has been upgraded over the past few years. Excellent suite mix, 2-3 bedroom penthouse units with 1.5 bath, 15× 2 bedroom units 3x1 bedroom unit and one bachelor. Existing cap rate 5.98%, Gross Income over $ 264,000.
Location
Province AB
Zoning Zone 60
Others
Tax ID 0013183249
Ownership Private
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