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5000 Lakeshore Drive
Sylvan Lake AB , T4S 1R3 , Canada
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Jerry Rush
Agent
REALTOR®
Phone: 403-887-2286
Cell: 403.352.6775
Pager: 430.346.8900

Royal LePage Network Realty Corp.
Brokerage:
3608 50th
Red Deer, AB
T4N 3Y6
Phone: 403.887-2286
Fax: 1-888-389-5848
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$2,499,900.00
MLS® A2089798
Commercial : Retail
Lot Size: 5919 Square Feet
Floor Space (approx): 9240.00 Square Feet
Built in: 2003
Zoning: LDC
Remarks:
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.
Inclusions:  Kitchen equipment and specific furnishings owned by Landlord

Property Features:
  • Property Access: Direct Access
  • Cooling: Central Air
  • Foundation Details: Poured Concrete
  • Heating: Forced Air , Natural Gas , Zoned
  • Roof: Asphalt Shingle

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

20885998