$1,349,900
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1370 Robinson Avenue, Penhold, AB T0M1R0

- Beds
0 Baths
8,780 Sq Ft

Multi-tenant 10 year old attractive retail strip mall with great visibility from its location on high traffic Highway 2A (seasonally adjusted daily traffic of 6, 000 cars) and only block from Highway 42 that feeds from QE 2 freeway. The Town of Penhold has a trading area of approximately 130, 000 consumers. Building is located amongst 4 other retail multi-tenant buildings. Tenants in the surrounding buildings include Dairy Queen, IGA, bank, hair salon, liquor store, veterinarian clinic, nutrition store, barber shop, pet groomer, martial arts, spa, dentist office, doctor's office and an IDA drug store. Across the street is another retail strip mall with an ESSO station, Tim Horton's, day care center and a Pharmasave drug store. Penhold is a growing and vibrant family oriented community located within 7 minutes of Red Deer. Penhold has 3, 916 residents (2022) and a growing commercial/business sector that makes it simple and convenient for residents to shop local. Quality of life in Penhold is enhanced by the parks and recreation services that are offered. The town has a Multiplex with an NHL size ice rink, dance studio, fitness center, running track, food concession, lounge, library and houses the Town's administration office. RV Park is located on the north of the Multiplex on Highway 42. There is a new High School and new residential subdivisions being built out. Subject building was constructed in 2013 and this 8, 780 square foot is located on .77 acres at 1370 Robinson Avenue, Penhold. The building is presently demised into 4 units (could be further demised into 5 units). Vacant unit is ready to be developed to the Tenant's specifications or demise into 2 units. Vacant unit is perfect for development as a restaurant, pub and/or microbrewery. This building creates high pedestrian traffic due to its triple A tenant - Canada Post Office that serves Penhold and the surrounding area and a cannabis store. There is ample parking. Tenant's Leases are "Triple Net". Pro-Forma a ttached. (id:55598)

  • MLS® A2056524
  • Date Listed06/09/2023
  • Days on Realty 553 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Hawkridge Estates
  • Year Built 2013
  • Square Feet 8,780 sq. ft
  • Price Per Sq. Ft $153.75

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Walkability in AB / T0M1R0

Source: Walkscore

52/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 25/100.

Points of interest near 1370 Robinson Avenue, Penhold, AB T0M1R0

Frequently Asked Questions for 1370 Robinson Avenue

Source: Realty.com

1370 Robinson Avenue, Penhold, AB T0M1R0 is a Retail, Commercial Sale property listed for $1,349,900 The property is 8780 sq. ft with - bedrooms and 0 bathrooms

Our records indicate that 1370 Robinson Avenue was built in 2013.

The full address for this home is 1370 Robinson Avenue, Penhold, AB T0M1R0.

1370 Robinson Avenue has been listed on Realty.com since Fri June 09, 2023

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 25/100.

Listing provided courtesy of: Century 21 Maximum (tel: (587) 272-0221)
Listing agent: Bill Hogg (tel: (403) 872-3670)

This content last refreshed on 2024-12-13 23:41:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1370 Robinson Avenue, Penhold, AB T0M1R0 : MLS® A2056524