4820 49 Street, Redwater, AB T0A 2W0
4820 49 Street, Redwater, AB T0A 2W0
4820 49 Street, Redwater, AB T0A 2W0
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Adam Benke

Adam Benke

+1(780) 221-6106
Listed by Stephanie Richter
$849,000
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 44931927

Year Built 1949

Property 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.

Location

State AB

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REALTORS® Association of Edmonton (RAE VOW)
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Adam Benke

Adam Benke

+1(780) 221-6106

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