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.
RENTAL INCOME IN THIS HOME! Welcome to this spacious and inviting 7-BEDROOM, 5-BATHROOM home, perfect for large families or potential rental income in two different suites. Situated on a generous lot, the home features a charming exterior with a welcoming front porch, ideal for relaxing and enjoying the neighbourhood. This property has a large extension at the back, providing ample additional space with extra bedrooms, bathrooms, living areas, a mudroom/laundry room, plus a sauna/steam room and sunroom for you to relax in.
As you walk through the front door, you\'ll find a warm and comfortable living room with ample space for family gatherings, complemented by beautiful newer floors and large windows that fill the room with natural light. The large kitchen boasts plenty of cabinetry, counter space and storage. The attached dining area is big enough for everyone to gather.
Yes, there are 7 BEDROOMS and 5 BATHROOMS! Off the foyer, a spiral staircase connects to the private and serene master suite or rental suite with its own private 3pc bathroom and balcony. Down the staircase, there is a lower bedroom that features infloor heat for added comfort plus a 3pc bathroom. Three of the bedrooms and the main bathroom are down the hall from the kitchen. Near the back door, a large foyer and mudroom with laundry facilities lead to the basement, which includes two more bedrooms, two bathrooms, and additional living space — ideal for relaxation or entertainment. The additional bedrooms provide flexibility for a home office, guest/rental rooms, or hobbies. With a whopping total of 5 bathrooms, mornings will be hassle-free for everyone.
Outside, there\'s plenty of parking for multiple vehicles, along with an oversized double garage with extra storage space for tools and equipment. This home combines generous space, functionality, and modern amenities — a true standout opportunity.
Call today to schedule a viewing and see all that 313 Hillcrest has to offer!
Large Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, birthday parties, political conventions, community association events, award ceremonies, Corporate Events, Church Function, Theme Parties, Benefits/Fundraisers, Private Parties, etc...this is a profitable business. The restaurant has a capacity of 700 seating at one time, so for the larger events, this is like a monopoly. With the year ahead bookings, investor will recover the purchase price in 2 years time. 17,000sf, low lease rate of $16/sf. Suitable for operators with banquet experience . To set up such a 17,000 sf space will cost $1.2M to $1.5M, but now you can get this built out for half the price. The condition is good, no renovation required in the next few years.
Listing Brokerage: First Place Realty
Supermarket grocery store in a regional mall, lot of parking, 5500sf with mainly Asian food, fresh vegetables, frozen food section, BBQ section, live seafood tanks, well laid out. Currently $2M revenue and climbing, business in operation for 3 years, also wholesale supply to restaurants, wholesale accounts will be assign to the new owner. Profitable business, make money from day one and lots of runway to improve. Proven location and business concept, 7 years lease left. Great lease rate for this caliber of mall location. Customers are draw in by the mall. Seller retires, great opportunity for young persons who want to build something. Suitable for family operation also, especially if you are a BBQ chef. If you open a 5500sf store, the cost will be more than the $650k for renovation/equipment cost... Now the accumulated 3 years of customer is given to you... it is like you are handed the controls after the plane has reached cruising altitude. Making things really clear and easy... no more guessing or chance to make mistakes. $650k. NDA required for further info.
Listing Brokerage: First Place Realty
Spacious 4-bedroom, 2-bathroom condo offering a rare combination of comfort and functionality in High River, featuring more than 1700 square feet of living space. Ideal for families, both single families and multi-generational, first-time buyers, or investors, this well-maintained home features an open-concept living area with a cozy gas fireplace and a private deck off the living room—perfect for relaxing or entertaining. The kitchen includes a refrigerator with a built-in icemaker and a large pantry, while the in-suite laundry boasts a top-end, full-sized washer and dryer for your convenience. Both bathrooms are 4-piece, with one featuring a deep soaker tub for added comfort. Ample storage is available throughout, including in-suite storage and two walk-in closets, one of which is in the primary bedroom. All four bedrooms are equipped with custom blackout blinds, offering privacy and restful sleep. Natural light fills the home, and the flexible layout allows the fourth bedroom to serve as an office, guest room, or hobby space. Located in a quiet, family-friendly area, the property is within minutes of schools, parks, shopping, and just a short commute to Calgary. Move-in ready and equipped for comfortable living, this is a rare opportunity to own a spacious and versatile home in High River. The entry is designed to be separate for 2 bedroom lower suite.
Listing Brokerage: Grand Realty
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