A2056524 - 1370 Robinson Avenue ,
Penhold, Alberta T0M 1R0
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FOR SALE $1,349,900.00
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Multi-tenant 10 year old attractive retail strip mall with great visibility from its location on high traffic Highway 2A (seasonally adjusted daily traffic of 6,000 cars) and only block from Highway 42 that feeds from QE 2 freeway. The Town of Penhold has a trading area of approximately 130,000 consumers. Building is located amongst 4 other retail multi-tenant buildings. Tenants in the surrounding buildings include Dairy Queen, IGA, bank, hair salon, liquor store, veterinarian clinic, nutrition store, barber shop, pet groomer, martial arts, spa, dentist office, doctor's office and an IDA drug store. Across the street is another retail strip mall with an ESSO station, Tim Horton's, day care center and a Pharmasave drug store. Penhold is a growing and vibrant family oriented community located within 7 minutes of Red Deer. Penhold has 3,854 residents (2024) and a growing commercial/business sector that makes it simple and convenient for residents to shop local. Quality of life in Penhold is enhanced by the parks and recreation services that are offered. The town has a Multiplex with an NHL size ice rink, dance studio, fitness center, running track, food concession, lounge, library and houses the Town's administration office. RV Park is located on the north of the Multiplex on Highway 42. There is a new High School and new residential subdivisions being built out. Subject building was constructed in 2013 and this 8,780 square foot is located on .77 acres at 1370 Robinson Avenue, Penhold. The building is presently demised into 4 units (could be further demised into 5 units). Vacant unit is ready to be developed to the Tenant's specifications or demise into 2 units. Vacant unit is perfect for development as a restaurant, pub and/or microbrewery. This building creates high pedestrian traffic due to its triple A tenant - Canada Post Office that serves Penhold and the surrounding area and a cannabis store. There is ample parking. Tenant's Leases are "Triple Net". Pro-Forma attached.
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ESSENTIAL
| MLS®: | A2056524 |
| Price: | 1,349,900.00 |
| Type: | Commercial |
| Sub Type: | Retail |
| Restrictions | None Known |
| DOM | 830 |
INTERIOR SNAPSHOT
| Sq Ft: | 8,780 |
COMMUNITY DETAILS
| Address: | 1370 Robinson Avenue , Penhold, Alberta T0M 1R0 |
| City: | Penhold |
| Subdivision: | Hawkridge Estates |
| County: | Red Deer County |
| Province: | Alberta |
| Postal Code: | T0M 1R0 |
| School: | Schools |
| Housing: | Housing Market |
| Statistics: | Real Estate Statistics |
EXTERIOR
| Year Built: | 2013 |
| Structure Type: | Mixed Use |
| Zoning: | C2 |
ROOM DIMENSIONS
Inclusions:
N/A
Courtesy: Century 21 Maximum
Sean Gillis - RE/MAX Grande Prairie
Sean Gillis - RE/MAX Grande Prairie
Recent Customer Reviews
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy
Hawkridge Estates Housing Trends
| Real Estate Listings: | 6 | |
| Highest Price: | $569,900.00 | |
| Lowest Priced: | $435,000.00 | |
| Average Price: | $522,033.33 | |
| September 16th 9:00pm | ||
5/5.0
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell
5/5.0
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency...
Riley Arguin - Buy
FAQs about 1370 Robinson Avenue , Penhold, Alberta, T0M 1R0
1370 Robinson Avenue MLS® A2056524 has an approximate size of 0 Sq. Ft. located in Hawkridge Estates.
Nearby secondary schools include Schools & resources
There are 0 bedrooms and 0 bathrooms in this Commercial listing at 1370 Robinson Avenue , MLS® A2056524.
This Commercial is priced at $1,349,900.
This property is located at 1370 Robinson Avenue , Penhold, Alberta, T0M 1R0 in the Hawkridge Estates community. View location on Google maps.
You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Hawkridge Estates community resources page.
