$549,900
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9801 97 Avenue, Grande Prairie, AB T8V0M9

 Contact
- Beds
0 Baths
4,259 Sq Ft

This is a premier "turnkey" acquisition opportunity in the heart of downtown Grande Prairie. The current owner is prepared to offer a 12-month leaseback on the main floor (or a negotiated portion of the building), providing the purchaser with guaranteed Day 1 income. This unique arrangement mitigates vacancy risk and provides immediate debt-service coverage while the new owner stabilizes the asset or plans a long-term leasing strategy.Asset Performance & Value-Add PotentialThe building comprises 4, 259 sq. ft. of versatile space across two levels, offering a low-barrier entry into the downtown core with high revenue potential:Dual-Tenancy Model: Architecturally suited for a main-floor commercial tenant and an independent upper-level professional office or residential live/work suite.Yield Projection: Based on current Central Commercial (CC) zoning trends, the property offers a conceptual gross income range of $43, 000 $70, 000+ annually (depending on configuration and market verification).Accessibility Advantage: The main floor is fully wheelchair accessible, targeting a high-demand, underserved niche for medical, legal, and government-agency tenancies.Strategic Capital ImprovementsMinimize near-term CAPEX and maximize ROI with recent high-value upgrades:New Flat Roof (Recently installed)Modernized exterior siding and professional entranceContemporary interior presentation aligned with neighboring modern developmentsSite Flexibility & Future UpsideOn-Site Parking: Situated on an 8, 000 sq. ft. lot, providing the essential parking required for professional service firms.Strategic Acquisition: An adjacent 33' x 122' lot is available for separate purchase, offering a rare "land-bank" opportunity for building expansion, additional parking, or a phased multi-use redevelopment.Property SpecificationsTotal Building Size: 4, 259 Sq. Ft.Lot Size: 8, 000 Sq. Ft. (Plus adjacent lot option)Zoning: CC (Central Commercial) supports professional, health , and educational uses.Location: Prime Downtown core with high visibility and established foot traffic.Ideal for owner-users seeking to build equity or investors looking for a value-add asset with immediate stability.Additional information and the "Mixed-Use Business Supplement" are available upon request through your Commercial REALTOR. (id:58753)

Listing By: John MacLennan - RE/MAX Grande Prairie
Source: CREA #A2249826 Listing provided courtesy of Canadian Real Estate Association
  • MLS® A2249826
  • Date Listed08/22/2025
  • Days on Realty 402 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 8,052 sq. ft
  • Subdivision Central Business District
  • Year Built 1958
  • Square Feet 4,259 sq. ft
  • Price Per Sq. Ft $129.11

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 8,052.48
  • Lot Features See remarks

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T8V0M9

Discover key demographics, population statistics, and environmental insights for the Grande Prairie, AB area.

Walkability in AB / T8V0M9

Source: Walk Score

93/100

Walker's Paradise

Walk Score ®

41/100

Some Transit

Transit Score ®

61/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

9 nearby routes: 9 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 19/100, Bike Score: 39/100.

Points of Interest near 9801 97 Avenue, Grande Prairie, AB T8V0M9

Frequently Asked Questions for 9801 97 Avenue

Source: Realty.com

9801 97 Avenue, Grande Prairie, AB T8V0M9 in Central Business District, Grande Prairie, AB T8V0M9 is a mixed use listed at $549,900. Highlights include 4,259 sq. ft., built in 1958, $129 per sq. ft.. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 41 photos of 9801 97 Avenue.

Our records indicate that 9801 97 Avenue was built in 1958.

The full address for this home is 9801 97 Avenue, Grande Prairie, AB T8V0M9.

9801 97 Avenue has been listed on Realty.com since Fri August 22, 2025

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 19/100, Bike Score: 39/100.

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