Courtesy Of Derek Claffey Of NAI Commercial Real Estate Inc
About 7 & 9 St Anne St
7 & 9 St. Anne Street is an excellent opportunity for an owner/user looking to own and occupy a building with strong rental income from existing tenants or Investors looking to create value with renovation, lease-up or potential condominiumization of the property. This property is an attractive location just off St. Albert Trail in the downtown region and overlooks the Sturgeon River. The building is currently 61% occupied by Tenants with Net Leases in place. 39% of the building is available for owner/user occupancy or re-lease to new Tenant's. The current net income of $482,000.00 per annum in place (June 1, 2024), potential Proforma income of $764,812.00 per annum. There are medical/office vacancies with a variety of subdivision options including 8,213 Sq.Ft. +/- of nicely finished main floor space (availble June 1, 2024). There are 20 covered parking stalls and 102 surface parking (2.2 stalls per 1,000 Sq. Ft.).
Features of 7 & 9 St Anne St
MLS® # | E4377078 |
---|---|
Price | $8,500,000 |
Square Footage | 47,024 |
Acres | 0.00 |
Year Built | 1977 |
Type | Office |
Zone | Zone 24 |
Community Information
Address | 7 & 9 St Anne St |
---|---|
Area | St. Albert |
Subdivision | Downtown_SALB |
City | St. Albert |
Province | AB |
Postal Code | T8N 2X4 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Fireplace | No |
---|---|
Has Basement | No |
Exterior
Construction | Mixed |
---|
Additional Information
Date Listed | March 14th, 2024 |
---|---|
RE / Bank Owned | No |
Handyman Special | No |
Listing Details
Office | Courtesy Of Derek Claffey Of NAI Commercial Real Estate Inc |
---|