47 St, Camrose, AB T4V 1J9

Courtesy of Donald J Robinson of NAI Commercial Real Estate Inc.

$925,000
List Price
$925,000
MLS® #
45944660
Year Built
1910
Region
Camrose

Property Description

• Opportunity to acquire an iconic ±17,755 SF heritage building in the heart of downtown Camrose.• Tenanted by an established restaurant/lounge on 5-year leaseback (main floor and basement) at $110,000 NOI• Value-add potential from renovating and leasing 2nd office space for an estimated additional NOI for $30,000-$40,000• Central location with quick access from Highway 13.

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