5000 Lakeshore Drive , Sylvan Lake   ||   $2,499,900

DETAILS

MLS® NUMBER A2089798
BUILDING TYPE Retail
PROPERTY CLASS Commercial
YEAR BUILT 2003
BASEMENT None
GARAGE No
REVENUE INVESTMENT PROPERTY totally leased out with long term solid tenant in place. BEST LOCATION in Central Alberta with 2 balconies right over the lake and private off street parking. Triple net lease with escalating Base Rent. This means that unlike residential leases the landlord nets the Base rent as the tenant covers all the operating costs including taxes, insurance, R&M, utilities, snow removal etc. etc. via the Additional Rent. Another bonus over residential income properties is that your tenant is a pleasant easy to work with business couple.
Listing Brokerage: Royal Lepage Network Realty Corp.

MAP

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