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101-215 10118 100 Avenue
Downtown (Peace River) Peace River T8S 1R3

$1,999,900
Multi-Family 32,080 sq. ft. built: 1984

Main Photo: 101-215 10118 100 Avenue: Peace River Apartment for sale : MLS®# A2172417
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Photo 25: 101-215 10118 100 Avenue: Peace River Apartment for sale : MLS®# A2172417
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2172417
Year Built:
1984
Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles. Residential and commercial income in as of May 2025 was ~$29,000 +/- with no residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant - this allows for potential income stream to increase substantially!!
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
32,080 sq. ft.
Main Level Finished Area:
10,400 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Stories Total:
3
Levels:
Multi Level Unit
Year built:
1984 (Age: 41)
Bathrooms:
- (Full:-, Half:-)
Plan:
0221702
Heating:
Boiler, Forced Air, Hot Water, Natural Gas, Radiant
Foundation:
Block, Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Garage:
No
Parking:
Heated Garage, Secured, Titled, Varies by Unit
Parking Places:
37
Parking Total/Covered:
37 / -
Downtown (Peace River)
Existing Fridges, Range, Dishwasher, Coin op Washers Dryers Furnishings in furnished units
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Peace No. 135, M.D. of
Zoning:
Mixed Commercial/Resident
Listed Date:
Oct 10, 2024
Days on Mkt:
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Listed by Century 21 Town and Country Realty
Data was last updated September 23, 2025 at 02:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA