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Investment signal

$1,600,000

108, 8805 Resources Road

Save this home

Beds

Baths

Sqft

4,200

Year

2020

Type

Retail

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Grande Prairie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Attractive and modern newer retail building with nice leasehold improvements and that is fully leased out. Features great location fronting on to Resources Road with high visibility and has lots of paved parking both in the front and also at the rear of the building. The north space has a rear overhead door and a show room, and the south space is developed into office space. This is a bareland condo. Take a look at this investment opportunity. (id:65958)

Subtype
Retail
Structure
Retail
Community
Railtown
Common interest
Freehold
Living area
4,200 square feet
Lot size
0.45 acres
Lot dimensions
0.45
On market
Apr 11, 2026
Status changed
Apr 21, 2026
Annual tax
$36,625.47 (2025)
Zoning
CA
Photos
29
MLS#
A2300107
Area
GRANDE_PRAIRIE

Features and systems

Heating

Natural gasOther

Cooling

Central air conditioning

Construction

Wood frame

Foundation

Poured Concrete

Utilities

WaterSewerNatural GasElectricity
Negative cash flow ~$1,699/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,788

Financing

Down payment$320,000
Loan amount$1,280,000
Mortgage$6,486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$667
Vacancy loss$400

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.

Mortgage estimate

Estimated $6,486/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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