REQUEST A TOUR
Listed by Paul A Somersall • MaxWell Polaris
$ 4,800,000
$ 4,800,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45456055
Property Description
Exceptional Newly Built Commercial Investment Opportunity in Lacombe, AlbertaAn outstanding opportunity to acquire Lot 2 at Midway Centre, a newly developed commercial investment property strategically positioned in Lacombes growing commercial and residential corridor. Offered at $4,800,000, this unique commercial opportunity, situated on approximately 2 acres, provides a diversified tenant profile, established income, and significant long-term potential as the surrounding Midway development continues to expand.The property features two modern commercial buildings with excellent visibility, ample on-site parking and convenient access to Henderson Way and the surrounding transportation network.INVESTMENT HIGHLIGHTS•Asking Price: $4,800,000•Approximately 10,000 sq. ft. of commercial space fully leased •Newer construction with limited immediate capital expenditure requirements•Diversified tenant mix•Current annual base rental income of approximately $250,145•Approximately $79,840 in operating-cost recoveries
Location
Province AB
Copyright 2026 by the REALTORS® Association of Edmonton. All rights reserved.
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
I would love to connect!