13 m
Distance
INVESTMENT OPPORTUNITY GRAND VIEW PLAZA! An excellent opportunity to own a fully leased commercial property offering strong income, long-term tenancy and minimal owner involvement. Grand View Plaza generates $8250/ per month in base rental income, or $99, 000 annually, plus GST. Current rents include $2, 750/month for the liquor store, $1, 500/month for the barber shop, and $4, 000/month for the grocery store business (currently leased to the tenant)and bay. Two new (Aug 2026) five-year leases and one new(June 2026) three-year lease are in place. Tenants are responsible for their respective operating expenses as set out in the leases, including property taxes, insurance, utilities, and their own snow removal. The plaza benefits from two established, long-term tenants who intend to stay, along with an exciting new business expected to bring additional traffic to the property. Significant capital improvements have already been completed, with over 100k invested into a new roof and updated/replaced HVAC units in 2019, plus replacement of majority of the windows in two of the three bays very recently. Located along a busy corridor just off Highway 56, Grand View Plaza offers excellent accessibility, easy vehicle access and a large parking lot. Adding another unique layer to this investment, the sale includes ownership of the Grand View Grocery business, along with the equipment, shelving and fixtures used to operate it. The grocery business and bay are currently leased under a new five-year agreement, providing additional future potential for the purchaser, with no current involvement in the business. With a high cap rate, long-term tenancy, significant capital improvements already completed and minimal ongoing owner responsibilities, Grand View Plaza presents an attractive opportunity for an investor seeking high income with a hands off approach.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Stettler, AB area.
57/100
Somewhat Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
54/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 28/100.
Source: Realty.com
4411 59 Street, Stettler, AB T4K 1J1 in Grandview, Stettler, AB T4K 1J1 is a mixed use listed at $950,000. Highlights include built in 1979, 0.40 acre lot. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 35 photos of 4411 59 Street.
Our records indicate that 4411 59 Street was built in 1979.
The full address for this home is 4411 59 Street, Stettler, AB T4K 1J1.
4411 59 Street has been listed on Realty.com since Fri July 31, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 28/100.
Listing provided courtesy of:
Real Broker
(tel: 855-623-6900)
Listing agent:
Julie Greiner
(tel: 403-741-8334)
This content last refreshed on 2026-10-01 17:24:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.