RESIDENTIAL
RURAL
FOR SALE: Shoppers Park Mall – Fully Leased Retail Asset Anchored by Clasik Home Hardware
List Price: $3,500,000
Address: 300, 305 & 312 Shoppers Park Mall, Grande Cache, Alberta
Now fully occupied by Clasik Home Hardware, this enclosed retail centre offers a rare opportunity to acquire a stabilized, income-producing commercial investment in the heart of Grande Cache’s main commercial corridor. With approximately 20,992 square feet of main floor retail space and an additional 2,229 square feet of finished mezzanine office space, the property provides functionality, excellent visibility, and long-term income security. The building sits on an approximately 27,903 square foot site and is zoned C1 (Commercial Town Centre), allowing for a wide range of permitted uses.
The property underwent a substantial renovation and expansion in 2013/2014, with a major roof upgrade completed in 2019/2020 at a cost of $210,000. The asset is in good overall condition, with an effective age of approximately 15 years and an estimated remaining economic life of 35 to 40 years. Clasik Home Hardware occupies 100% of the space under a triple net lease, covering all operating costs including taxes, insurance, and maintenance. The current net operating income is estimated at $285,613, which reflects a cap rate of approximately 8.16% based on the asking price.
Located in the high-traffic Pine Plaza area, the property benefits from direct access to Highway 40 and is surrounded by other retail, hotel, and service-oriented developments. The adjacent parking lot is owned by the municipality, providing convenience to customers without additional maintenance obligations for the owner.
This is an excellent opportunity for investors seeking a fully leased, low-maintenance retail asset with a strong national tenant and reliable cash flow in a stable Alberta market.
Immaculate 1-bedroom open concept condo on the ground floor at Canvas in Millrise, featuring a contemporary open floor plan with one bedroom, one bathroom, and a private West Facing Patio with BBQ gas line. Property is complete with titled parking stall and assigned storage locker. The kitchen boasts stainless steel appliances, chic panel cabinetry, an extended granite breakfast bar, and a stylish tile backsplash. Enjoy the bright and airy ambiance created by the 9-foot ceilings. The Master\'s Bath offers a 4-piece bathroom accessible through a convenient cheater door from the in-suite laundry hall, where you\'ll find the washer and dryer. Take advantage of this pet friendly complex, with the spacious fully landscaped interior courtyards and the comprehensive Amenity Centre, offering a fitness center, entertainment room, steam room, library, and kitchen. It is conveniently located within walking distance to playgrounds, Fish Creek Nature Park, commercial shops, movie theaters, and fine dining establishments. Plus, enjoy quick access to Macleod, Stoney Trail Hwy, Fish Creek LRT, or Shawnessy LRT stations. This is a fantastic opportunity for both investors and those stepping into homeownership!
Listing Brokerage: Homecare Realty Ltd.
This well kept home will impress you with all that it has to offer. Built by the highly respected Abbey Platinum Master Built, the open design with the kitchen looking onto the great room is ideal for enjoying time with family & friends. The stylish kitchen offers an abundance of cabinetry and countertop space including an island with a sink. There is a walk through pantry that leads to the attached garage. There is natural light that streams through the windows in the dining area and great room making this a bright home. The dining area leads out to the deck and the good sized fenced backyard with no neighbours behind. Upstairs offers 3 bedrooms including the primary bedroom with an ensuite. The laundry is conveniently located on the bedroom level. The basement is open for your storage needs or future development plans. This quality built home offers roughed in floor heating. Penhold is a growing community with schools, parks and many amenities and is minutes from the City of Red Deer.
Listing Brokerage: Century 21 Maximum
Welcome to Unit 206 at 41 Bennett Street — a well-maintained 1-bedroom, 1-bath condo offering comfort, convenience, and an unbeatable location. Situated directly across from Bower Mall and just minutes to Highway 2, this home is perfect for anyone who loves having amenities at their doorstep.
Inside, you’ll find a bright, open-concept living space with large windows that fill the room with natural light. The functional kitchen features plenty of cabinet storage, stainless steel appliances, and an easy flow into the dining area. The spacious bedroom offers a peaceful retreat, while the updated bathroom is clean and move-in ready.
Step outside to your private, north-facing balcony, perfect for enjoying your morning coffee in the shade or winding down after a summer day. This well-kept building offers secure entry and is close to parks, walking trails, and transit.
Whether you’re a first-time buyer, investor, or looking to downsize, this condo delivers an affordable opportunity in one of Red Deer’s most sought-after locations.
Welcome to Unit 203 at 41 Bennett Street — a bright and inviting 1-bedroom, 1-bath condo in a location that can’t be beat. Right across from Bower Mall and just minutes to Highway 2, this unit is ideal for buyers seeking both convenience and affordability.
The functional layout features a kitchen with stainless steel appliances, including a built-in dishwasher, that flows easily into the dining area. The large living room is filled with natural light and opens through sliding glass doors to a spacious south-facing balcony overlooking a green space — perfect for relaxing or entertaining. A generous bedroom, full 4-piece bath, and in-suite storage complete the package.
With secure entry, professional management, and close proximity to shopping, parks, and transit, this condo offers low-maintenance living in one of Red Deer’s most convenient areas.
Immediate possession available.
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