4830 50 Avenue, Rural Lac Ste. Anne County, AB, T0E 0A0Listing ID# E4042446
Excellent opportunity in Alberta Beach. LAKEFRONT PROPERTY located on main street right beside the pier and the public beach. Huge lot with 2 buildings including a 5200 + sqft 2 storey building which is leased by a well established grocery store (3 years remaining on lease) TRIPLE NET LEASE and potential CAP 8.5%+. PLUS there is room to grow the income on the upper level which currently contains one 1000 sqft fully developed apartment suite featuring lakefront views, 2 bedrooms and a private entrance. Best part there is room for 3 more apartments in the future! The second building (about 800 sqft) is also leased (by an Agent of Alberta Treasury Branch). Located less than 60 kms West of Edmonton. the Village of Alberta Beach is a popular destination on beautiful Lac ste Anne where the population swells from 900 to over 3000 during summer weekends.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (?IDX?) program of the Edmonton Real Estate Board. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the Edmonton Real Estate Board. Copyright? 2017 Edmonton Real Estate Board. All rights reserved.
*Points of Interest data provided by Bing Maps. School data provided by GeoJet. Neighbourhood data provided by Onboard Informatics. Address data provided by DMTI Spatial