$849,000
( $132.66Per Sq Foot )
$4,558 est/mo Sourced by Back At You4820 49 St,Redwater, AB T0A2W0
Redwater, AB T0A2W0
Description
Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta's oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:13843)
Details
| MLS # | 44931927 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1949 |
| Days On Site | 135 |
| Listing Provided By | Exp Realty | Stephanie Richter |
Features
| SQ Feet | 6,400 |
|---|---|
| Acreage | 0.21 |
Interior
| Fireplace Yes / No | No |
|---|
Area Information
| Province | AB |
|---|---|
| City | Redwater |
| Postal Code | T0A2W0 |
| Listing VS Median (in T0A2W0) | |
Price: $849,000 low | high Med: $394,500 sqft: 6,400 low | high Med: 1,475 $ / sqft: $133 low | high Med: $296 On site: 135 low | high Med: 37 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Redwater |
| Postal Code | T0A2W0 |
| Listing VS Median (in T0A2W0) | |
Price: $849,000 low | high Med: $394,500 sqft: 6,400 low | high Med: 1,475 $ / sqft: $133 low | high Med: $296 On site: 135 low | high Med: 37 | |
Listing Updated: September 29, 2026 at 4:34:55 AM PDT