1429 MEADOW DRIVE

Property ID: 1322822

1429 MEADOW DRIVE

1429 MEADOW DRIVE

Share This:
  • beds
  • bath0
  • garage4

Description

Great opportunity to diversify your portfolio with two Residential Units and two Commercial Units! Sitting on 1.1 acres, this property is located just behind a main intersection in popular Greely, but still maintains an uber flexible VM3 zoning – ideal for a bed & breakfast, day care, home based business, office, brewery, restaurant and training center (the list continues!) Currently valued at a 5.3 cap, this property CASH FLOWS and has all major systems updated and in good health. The main home is a duplex with one 1 Bedroom Unit and one 4 Bedroom Unit with excellent tenants. Outside there is a oversized 3 bay garage currently rented out to a small business, as well as a commercial grade Quonset in the rear of the property also rented out to another small business. If you’ve been looking to get involved in some Commercial Investing then this mixed use building is the perfect start! (id:21126)

Property Location

Data Provided by REALTORS® Association of Canadian Real Estate

Last Modified: Thu, 01 Dec 2022 18:11:07 GMT

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

Similar Properties


$ 429,900

For sale

2108 ERIC CRESCENT


  • 3

  • 3

  • 1979
  • Single Family

$ 459,000

For sale

38 ROBSON COURT


  • 2

  • 1

  • 1995
  • Single Family

$ 2,899,900

For sale

705 MCMANUS AVENUE


  • 4

  • 4

  • 2023
  • Single Family

Subscribe to our Newsletter