$624,000
COM · MLS® A21954499,924Sq Ft
7Garage
1980Year Built
02 / Overview
PROPERTY OVERVIEW
Former Bank Location Built to Last !!! HIGH REVENUE YIELD MULTI TENANT. River Bank Common !!!! Ideally Located on a corner lot at the intersection of 48 Ave. & 50 Street in Ponoka. Be a Landlord of Multiple Businesses, Golden Business Opportunity to own Land, Building & Business already included in List price! This centralized commercial retail property has the space and accommodations to house one, or a multitude of store fronts or retailers like its currently...
03 / Details
PROPERTY DETAILS
Property TypeCOM
Building TypeMixed Use
Total Finished Area9,924 sq ft
Lot Size13,520 sq ft
ZoningC1
HeatingForced Air • Natural Gas
Parking7 Car Garage
Basement{}
Year Built1980
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,033After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-19.6%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CENTRAL PONOKA
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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
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