Listing Details

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Data was last updated 2025-06-25 at 20:18:11 GMT

4820 49 Street   Redwater, Alberta

$849,000
MLS®: 44931927
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.

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.

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Redwater
MLS® Number:
44931927
Area:
Edmonton
Province:
Alberta
Listing Price:
$849,000

General Information

Year Built:
1949

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This property is listed by and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.