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A2264118 - Unit #101-215 10118 100 Avenue , Peace River, Alberta T8S1R3




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Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles. Residential and commercial income in as of May 2025 was ~$29,000 +/- with no residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant - this allows for potential income stream to increase substantially!!

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ESSENTIAL
MLS®:A2264118
Price:1,999,900.00
Type:Multi-Family
Sub Type:Apartment
Levels:Multi Level Unit
Total Sqft:31185 Sqft.
RestrictionsNone Known
DOM22
INTERIOR SNAPSHOT   
Flooring:Carpet, Laminate, Linoleum
Heating:Boiler, Forced Air, Hot Water, Natural Gas, Radiant


COMMUNITY DETAILS
Address:Unit #101-215 10118 100 Avenue , Peace River, Alberta T8S1R3
City:Peace River
Subdivision:Downtown
County:Peace No. 135, M.D. of
Province:Alberta
Postal Code:T8S1R3
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1984
Structure Type:Low Rise (2-4 stories)
Foundation:Block, Poured Concrete
Roof:Asphalt Shingle
Zoning:Mixed Commercial/Resident
Construction:Concrete, Wood Frame
Parking Total:37
ROOM DIMENSIONS


Inclusions: na
Parking Features: Heated Garage, Secured, Titled, Varies by Unit



Courtesy: Century 21 Town and Country Realty


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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
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FAQs about Unit #101-215 10118 100 Avenue , Peace River,
Alberta, T8S1R3

Unit #101-215 10118 100 Avenue MLS® A2264118 has an approximate size of 31,185 Sq. Ft. located in Downtown .

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at Unit #101-215 10118 100 Avenue , MLS® A2264118.

This Multi-Family listings is priced at $1,999,900.

This property is located at Unit #101-215 10118 100 Avenue , Peace River, Alberta, T8S1R3 in the Downtown community on the market for 22 days. 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 Downtown community resources page.