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4820 49 St, Redwater, Alberta T0A 2W0

MLS® # 44931927

$849,000

Property Size 6400
Year Built 1949

Description

Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:53676)

PROPERTY FEATURES

  • MLS® Number 44931927
  • Price $849,000
  • Square Footage: 6400 sqft

Buildings

Constructed Date 1949 Size Interior 6400 Sqft

Land

Acreage No Size Irregular 9104.039999999999
Size Total 9104.04 Sqft|under 1/2 Acre Size Total Text 9104.04 Sqft|under 1/2 Acre

BROKERAGE

  • Office: Exp Realty

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