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101-215-10118 100 Avenue, Peace River, AB, T8S 1R3

MLS® # A2172417
House For Sale In Peace River, Alberta
$2,400,000 QuickQuoteTM: Not Available
101-215-10118 100 Avenue, Peace River, AB - Outdoor With Facade
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Laundry Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bathroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
101-215-10118 100 Avenue, Peace River, AB  - Outdoor With Facade
101-215-10118 100 Avenue, Peace River, AB  - Indoor Photo Showing Laundry Room
101-215-10118 100 Avenue, Peace River, AB  - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB  - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bathroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Other Room
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Bedroom
101-215-10118 100 Avenue, Peace River, AB - Indoor
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen
101-215-10118 100 Avenue, Peace River, AB - Indoor Photo Showing Kitchen With Double Sink
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ACTIVE
101-215-10118 100 Avenue, Peace River, AB, T8S 1R3
$2,400,000

Property Information:

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 Aug 2024 was $25,500 +/- with 2 residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant as well - this allows for potential income stream to increase substantially!!

Inclusions: Existing Fridges, Range, Dishwasher, Coin op Washers Dryers Furnishings in furnished units

Building Features:

  • Total Finished Area: 32080.00

Property Features:

  • Built in: 1984
  • Construction Materials: Concrete, Wood Frame
  • Cooling: None
  • Floor Space (approx): 32080.00 Square Feet
  • Flooring: Carpet, Laminate, Linoleum
  • Foundation Details: Block, Poured Concrete
  • Heating: Boiler, Forced Air, Hot Water, Natural Gas, Radiant
  • Levels: Multi Level Unit
  • Parking Features: Heated Garage, Secured, Titled, Varies by Unit
  • Roof: Asphalt Shingle
  • Zoning: Mixed Commercial/Resident

Courtesy of: Century 21 Town and Country Realty

Data provided by: Grande Prairie & Area Association of REALTORS® 10106 102 St., Grande Prairie, Alberta T8V 2V7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 101-215-10118 100 Avenue, Peace River, AB, T8S 1R3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

31/100

Moderate-Low

ClimateCheck®

Current data

This property, 101-215-10118 100 Avenue , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 24 hot days at 31.6 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
31.6℃

# Hot Days Per Year

Past
7
2050
24

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 101-215-10118 100 Avenue , experiences 10 significant 2-day storms per year, with about 159.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 183.1mm of precipitation per year.

Precipitation Per Storm

Past
159.9mm
2050
183.1mm

48-Hour Storms Per Year

Past
10
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 101-215-10118 100 Avenue, Peace River, AB, T8S 1R3

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,000.74

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.96 %

High school certificate or equivalent

27.37 %

Apprenticeship trade certificate/diploma

7.46 %

College/non-university certificate

23.84 %

University Degree

13.37 %

Commuter

Travel To Work

By Car

72.67 %

By Public Transit

0.0 %

By Walking

24.38 %

By Bicycle

0.0 %

By Other Methods

2.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.03 %

Houses

70.97 %

Own Vs. Rent