I have listed a new property at 0 4917 47 St in Camrose. See details here

Prime Value-Add Commercial Opportunity $5 Per SQ Ft up to 6000 sq ft– Camrose, Alberta. View the 360 IGUIDE Virtual Tour.An exceptional value-add commercial location 800 Volt Electrical Service, located in the heart of Camrose, Alberta, featuring a well-maintained Two-storey building anchored by The Marrow Restaurant & Lounge, a highly regarded upscale dining establishment and strong destination tenant.Start your new business with a choice of the additional two floors, consisting of approximately 6,000 square feet across the second floor and basement. These levels are well suited for a variety of uses (office, professional services, retail, or complementary hospitality concepts), Lots of power on site for Data Centers 800 AMP & 600 Volt.Highlights:Two-storey commercial building with Full Basement Ceiling Height 94Anchor tenant: The Marrow Restaurant & Lounge (upscale, well-established)Significant value-add and growth potential, Prime Camrose location.

I have listed a new property at 0 4917 47 St in Camrose. See details here

Prime Value-Add Commercial Investment Opportunity – Camrose, AlbertaCAPITALIZATION RATE 7% - 14% WITH ADDITIONAL SPACEAn exceptional value-add commercial investment located in the heart of Camrose, Alberta, featuring a well-maintained Two-storey building anchored by The Marrow Restaurant & Lounge, a highly regarded upscale dining establishment and strong destination tenant.The property is currently leased on a triple-net basis and produces a solid 7% capitalization rate with the main floor tenant in place, offering immediate and stable cash flow.The true upside lies in the development potential of the additional two floors, consisting of approximately 6,000 square feet across the second floor and basement. These levels are well suited for a variety of uses (office, professional services, retail, or complementary hospitality concepts), providing a clear path for a new owner to significantly increase income. For Example:Existing Lease $13 a sq ft x 6000 sq ft = $78,000 base rent divided by $1.1 Million for