Condos
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- 44408285
* Sold date and price are as reported on the RAE’s MLS® system
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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, reliable 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.
- Property Type:
- Retail
- Transaction Type:
- For Sale
- Price Per SqFt:
- $130.62
- Lot Area:
- 7,405 sq. ft.688 m2
- Bathrooms:
- - (Full:-/Half:-)
- Days On Website:
- 59 day(s)59 day(s)
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Courtesy of Stephanie Richter of REMAX River City
Data was last updated April 25, 2026 at 03:30 PM (UTC)
- STEPHANIE RICHTER
- RE/MAX River City St. Albert Trail
- 780-457-3777
- Contact by Email
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