1370 Robinson Ave, Penhold, Alberta, T0M1R0, Penhold, AB

$1,349,900
Est. Mortgage /mo

MLS® A2056524

$1,349,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
Go See This Home Now
lot 0 sqft
8780 sqft
2013 built
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Property details

Multi-tenant 10 year old attractive retail strip mall with great visibility from its location on high traffic Highway 2A (seasonally adjusted daily traffic of 6,000 cars) and only block from Highway 42 that feeds from QE 2 freeway. The Town of Penhold has a trading area of approximately 130,000 consumers. Building is located amongst 4 other retail multi-tenant buildings. Tenants in the surrounding buildings include Dairy Queen, IGA, bank, hair salon, liquor store, veterinarian clinic, nutrition store, barber shop, pet groomer, martial arts, spa, dentist office, doctor's office and an IDA drug store. Across the street is another retail strip mall with an ESSO station, Tim Horton's, day care center and a Pharmasave drug store. Penhold is a growing and vibrant family oriented community located within 7 minutes of Red Deer. Penhold has 3,916 residents (2022) and a growing commercial/business sector that makes it simple and convenient for residents to shop local. Quality of life in Penhold is enhanced by the parks and recreation services that are offered. The town has a Multiplex with an NHL size ice rink, dance studio, fitness center, running track, food concession, lounge, library and houses the Town's administration office. RV Park is located on the north of the Multiplex on Highway 42. There is a new High School and new residential subdivisions being built out. Subject building was constructed in 2013 and this 8,780 square foot is located on .77 acres at 1370 Robinson Avenue, Penhold. The building is presently demised into 4 units (could be further demised into 5 units). Vacant unit is ready to be developed to the Tenant's specifications or demise into 2 units. Vacant unit is perfect for development as a restaurant, pub and/or microbrewery. This building creates high pedestrian traffic due to its triple A tenant - Canada Post Office that serves Penhold and the surrounding area and a cannabis store. There is ample parking. Tenant's Leases are "Triple Net". Pro-Forma a ttached. (id:26763)

Location Details
Area Canada
State Alberta
City Penhold
Postal Code T0M1R0
Sub-Area/Community Hawkridge Estates
Property Metrics
Floor Area Total (Sq.ft) 8780
Financial Details
List Price 1,349,900

Neighborhood Info

Private Schools
Elementary
Destiny Christian School Society
Above Average
3.34 km
No Rating
Details
Elementary
Destiny Christian School Society
Above Average
3.34 km
No Rating
Details
Closest Transit
Red Deer
NB LAURA AVE @ LAKE ST
8.04 km

The closest Elementary independent school to this home for sale located at 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 is Destiny Christian School Society with School's rating No Rating, located 3.34 km from this home.

The closest to this address 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 Secondary independent school is Destiny Christian School Society with School's rating No Rating, located 3.34 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 745 volation disturbances in this neighbourhood. The overall crime rate near the address - 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is 7,001.88. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -13.0%

Drug crime rate next to the listing for sale MLS® A2056524 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 103.38. This is the amount of drug crime incidents per 100,000 population. There were 11 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is -52.0%

Property crimes in the neighbourhood close to real estate listing for sale 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 are Average. Property misconduct rating adjacent to MLS® A2056524 is 4,558.27. There were 485 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -15.3%

There were 93 violent lawbreaking disorders in 2020. 874.06 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -1.7%

The closest Bus station is NB LAURA AVE @ LAKE ST in 8.04 km away from this listing with - MLS® A2056524.

8.7% of people with university certificate/degree live in this neighbourhood adjacent to the 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 which is Low in comparison with other BC neighbourhoods. 20.5% of population in this neighbourhood that is near the Listing MLS® A2056524 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is $96219 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® A2056524 is $47872 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 79.1% which is High.

Unemployment rate in the area around MLS® Listing # A2056524 is 10.7 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 Hawkridge Estates where population change between 2011 and 2016 was 38%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is 619.9 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® A2056524 is 62.2% and it is Above Average. % of Married or living common law is around 66.6% and it is High.

Average age of the population close to the 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 is 32.5 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is $304967 and this is Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 1370 Robinson Avenue, Penhold, Alberta, T0M1R0. $1549 owners spent in average for the dwelling. Tenants are paying $1285 in this district close to MLS® A2056524 and it is Above Average comparing to other cities.

14.6% of Population in this district near the 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is 3.4%, it is Low, % of English speakers only is 96.5% and High. % of Neither English nor French speakers close to home for sale 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB is 0.2% and it is Low comparing to other BC cities.

1.3% of all population in the area around this property with the address 1370 Robinson Avenue, Penhold, Alberta, T0M1R0, Penhold, AB using Public Transport which is Low, 96.8% of using population are using Cars around MLS® A2056524, which is High. 0% of people using Bicycles around the 1370 Robinson Avenue, Penhold, Alberta, T0M1R0 and it is . 1.3% of population are walking which is Low

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Property Taxes $202
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Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
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