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.
Status:
Pending
Features:
Beach
Includes:
Kitchen equipment and specific furnishings owned by Landlord
Site Influences:
Beach
Location & Listing Info:
Zoning:
LDC
Neighbourhood:
Downtown
Nearest Town:
Sylvan Lake
Lot Size:
5,919.00
sq.ft.
Property Info:
Property Type:
Retail
Year Built:
2003
Brokerage:
Royal Lepage Network Realty Corp.
Exterior:
Roof:
Asphalt Shingle
Financial & Possession:
Rooms:
Additional Info:
Basement:
Poured Concrete
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