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487 RANGE LAKE ROAD
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487 RANGE LAKE ROAD $2,650,000
$2,650,000
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487 RANGE LAKE ROAD
Yellowknife, Northwest Territories

MLS® Number: 6112

Listing Description

Great investment opportunity: the Southpointe Business Centre is a fully leased commercial strip mall with stable tenants and strong cashflow. Three units have had their original tenants in place since the mall was built in 1999 and the fourth one is a large triple AAA multinational corp. It is located on Range Lake Road the main entrance into the Frame Lake South subdivision just off Old Airport Road, Yellowknife's primary retail shopping district. The 12096 sf building sits on a 50,965 sf corner lot and has four units containing 15132 rentable sf as some units have partial second floor or mezzanine development. Each unit has its own oil-fired boiler heating system, individual air conditioning and 200-amp service. Lease detail and income information will be made to qualified purchasers once a confidentiality agreement is in place. (28063993)

Property Summary

Property Type
Retail
Land Size
50132
Built in
1999
Time on REALTOR.ca
17 days

Building

Business
Business Type
Retail and Wholesale (General retail)
Data provided by: Yellowknife Real Estate Board c/o Alberta Real Estate Association, 217-3332 20 St. SW Street, Calgary, Alberta T2T6T9
JIM WELLER