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$1,690,000
142 Days On Site

100 Ave
Morinville, AB T8R 1A2

For Sale|Retail|Active
0
Beds
0
Total Baths
3,899
SqFt
$433
/SqFt
2021
Built
Listing courtesy of Glen R Good of RE/MAX Real Estate [email protected]
100 Ave100 Ave
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Monthly Payment (Est.)

$7,710
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 $84,187 in annual revenue, the income is scheduled to increase to $88,187starting 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 $1.69 million (plus applicable GST), this represents a stabilized cap rate of approximately 5.27%. 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

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Listing Snapshot
Price 
$1,690,000
Days On Site 
142 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,899 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2021
MLS® Number 
44802240
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $1,690,000
5 months agoListing first seen on site
General Features
Property Sub Type 
Retail
SqFt Total 
3899
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Community Features
Township 
0224
Listing courtesy of Glen R Good of RE/MAX Real Estate [email protected]

Listing information is provided by Participants of the REALTORS® Association of Edmonton. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, REALTORS® Association of Edmonton
Last checked 2026-09-20 09:46 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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