$1,500,000
554 Carmichael Lane
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Beds
—
Baths
—
Sqft
26,020
Year
2010
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hinton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime Mixed-Use Commercial Building on Highway 16 – Hinton, ABStrategically located right on Highway 16, this high-exposure mixed-use commercial property offers a strong investment opportunity in the heart of Hinton. The main floor is currently home to four well-established restaurant tenants, all on long-term leases, providing stable income.The second floor features office or flexible space ready for customization—perfect for a variety of professional or service-based uses. The basement includes spacious warehouse/storage areas with large overhead doors, ideal for logistics or inventory-based businesses.This property is underutilized and presents significant upside for the right buyer. With portions of the building still to be completed or leased, there's tremendous potential to add value and maximize returns. (id:65958)
- Subtype
- Other
- Structure
- Commercial Mix
- Community
- Mountain View
- Living area
- 26,020 square feet
- On market
- May 9, 2025
- Status changed
- May 1, 2026
- Annual tax
- $26,641.81 (2025)
- Zoning
- C-HWY
- Photos
- 4
- MLS#
- A2185512
- Area
- HINTON
Features and systems
Heating
Cash on cash
-6.39%
Cap rate
3.59%
GRM
16.7
Break-even rent
$9,182
Financing
Operating expenses (monthly)
Estimates 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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hinton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.