Listing ID: 44802240  
$1,800,000

10701 100 Ave

RE/MAX Real Estate

10701 100 Ave, Morinville, Alberta, T8R1A2
Property TypeRetail Built in2021
Lot Size24829.2 square feet Building Area3899 sqft

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total20 WaterfrontNo
ViewNo
Building
CoolingNo PoolNo

Listing Office: RE/MAX Real Estate

Data Provided by REALTORS® Association of Edmonton – Commercial

Last Modified :Sat, 02 May 2026 13:18:48 GMT

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