49 Street, Redwater, AB T0A 2W0
Courtesy of Stephanie Richter of Exp Realty.
- $849,000
- List Price
- $849,000
- MLS® #
- 44931927
- Year Built
- 1949
- Region
- Sturgeon
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.
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