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10018 101 Avenue
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Grande Prairie · Business · under $925,000. Alerts only send when there are new or meaningfully updated matching homes.
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A rare opportunity to own a profitable, well-established dental lab and a centrally located commercial building in Grande Prairie, just steps from the Farmers’ Market. Wireworks Dental Laboratories has been operating since 1999, serving dentists across Canada with custom orthodontic appliances and partial dentures.With four full-time staff and a strong reputation, this niche business is both respected and income producing. The owner is willing to stay on short-term to assist with training and transition, making this a rare turnkey opportunity. The building offers 3,300 sq ft on the main floor, currently divided into two separate units. One is home to Wireworks and includes a front reception area, multiple private offices, kitchen, bathroom, and rear garage. The second unit is leased to a local groomer for $1,575/month (incl. GST), with a lease in place until February 2026. Downstairs, the 1,800 sq ft basement is accessible from both the front entrance and rear garage, offering excellent flexibility for storage, additional workspace, or future development. Included in the sale is a full suite of dental lab equipment and furnishings: a dental chair, four lab workstations, digital scanner and printer, investment system, vacuum mixer, casting equipment, welders, polishing and trimming tools, and more. With everything in place, a new owner can step in with confidence. The building is constructed with concrete block on a concrete foundation, features air conditioning and a flat roof, and was originally designed for a second storey, offering long term development potential. Two dedicated parking spots are included, with ample free public parking directly adjacent and behind the Farmers’ Market. Whether you're a dental professional, investor, or entrepreneur looking for a niche business with real staying power, this property offers strong financials, valuable assets, and room to grow. Call your commercial REALTOR® today to arrange a private showing. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.63%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,239
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Mar 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.