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10117 102 8,505 SF 100% Leased Retail Building Lac La Biche, AB T0A 2C0 $1,399,900 CAD ($164.60 CAD/SF) 8% Cap Rate



Investment Highlights
- View of Lake from Penthouse
- Diverse "type of tenants"
- Engineered floors to accomodate the weight of a pool hall.
Executive Summary
Introducing a remarkable opportunity to invest in a modern 3-story building constructed in 2017, ideally located on 102 Avenue, just one block off Main Street in the charming town of Lac La Biche. This property has been meticulously designed to embody success, providing endless possibilities for investors. 8 Cap The thriving community surrounding this prime location offers the perfect backdrop for your entrepreneurial ambitions. The ground floor features three rental bays, creating diversified income streams that enhance your investment’s value. On the second floor, you'll find an impressive pool hall with a bar, accommodating up to 134 guests. This space includes a commercially approved kitchen and a corner stage, making it an ideal venue for hosting live bands and events. Additionally, the outdoor patio offers stunning views of the lake, providing a picturesque setting for patrons to enjoy. The third floor boasts luxurious living accommodations, highlighted by a penthouse-style apartment featuring one bedroom, one bath, and a private rooftop deck with a gazebo overlooking the lake. This exquisite space is perfect for owner-occupancy or can serve as additional rental income. This property represents a unique blend of business potential and lifestyle luxury, catering to both experienced entrepreneurs and those looking to embark on a new investment venture. Don’t miss out on this exceptional opportunity to secure a stake in a flourishing market.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,505 SF
Building Class
B
Year Built
2017
Price
$1,399,900 CAD
Price Per SF
$164.60 CAD
Cap Rate
8%
NOI
$111,992 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.98
Lot Size
0.20 AC
Zoning
DC1 - Mixed Use
Parking
12 Spaces (1.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Balcony
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lac La Biche Pool Hall
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Lakeland Center for FASD
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- New to You
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Scorpion Oilfield Services
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lac La Biche Pool Hall | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Lakeland Center for FASD | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| New to You | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Scorpion Oilfield Services | Construction | 99,999 SF | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
1 of 25
Videos
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Photos
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Map
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10117 102
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