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Listing Details

For more information on this listing or other please contact me.

Courtesy of Danette Kohut of RE/MAX Vision Realty.
Data was last updated 2024-05-19 at 10:51:59 GMT

5606 55 ST   Drayton Valley, AB

$1,200,000
MLS®: E4313438
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INVESTMENT OPPORTUNITY HERE!! 1980 cinderblock constructed building with OVER 31,000 SQ.FT of rentable space!! This versatile/multi use building is located in a great location that offers QUICK & EASY ACCESS to HWY 22 and HIGHWAY EXPOSURE as this property backs onto HWY 22!! Containing 9 separate units that include... store front and/or office areas, 6 Bays with 16 ft overhead doors PLUS the upstairs office units with separate entrances! Situated on almost 2 acres there is ample yard space for storage and parking. The front of the building is paved with plenty of parking stalls and new asphalt has been placed along the South side of the building and along the back just this year. Currently 50% of the building is leased. At full capacity the potential of this building leased at $10 per sq.ft would be over $310,000/year base rent! Definitely an opportunity to check out! Bay#1 29x90, Bay#2 29x83, Bay#3 29x40, Bay#4 29x40, Bay#5 29x51, Bay#6 29x65.

INVESTMENT OPPORTUNITY HERE!! 1980 cinderblock constructed building with OVER 31,000 SQ.FT of rentable space!! This versatile/multi use building is located in a great location that offers QUICK & EASY ACCESS to HWY 22 and HIGHWAY EXPOSURE as this property backs onto HWY 22!! Containing 9 separate units that include... store front and/or office areas, 6 Bays with 16 ft overhead doors PLUS the upstairs office units with separate entrances! Situated on almost 2 acres there is ample yard space for storage and parking. The front of the building is paved with plenty of parking stalls and new asphalt has been placed along the South side of the building and along the back just this year. Currently 50% of the building is leased. At full capacity the potential of this building leased at $10 per sq.ft would be over $310,000/year base rent! Definitely an opportunity to check out! Bay#1 29x90, Bay#2 29x83, Bay#3 29x40, Bay#4 29x40, Bay#5 29x51, Bay#6 29x65.

Listing Information

Prop. Type:
Industrial
Status:
Active
City:
Drayton Valley
MLS® Number:
E4313438
Neighbourhood:
None
Area:
Brazeau
Province:
AB
Listing Price:
$1,200,000

General Information

Year Built:
1980
Zoning/Land Use Code:
For Sale
Region:
Brazeau

Additional Information

Plan:
7923168
Legal Block:
35
Legal Lot/Unit:
9 &10

Other Information

Land Size Acres:
1.75
Land Size Hectares:
0.71
Major Business Type:
Transportation and Warehousing
Building Type:
Commercial Mix, Office Building, Warehouse
Site Influences:
Flat Site, Highway Frontage, Paved Lot, Retail Exposure, Highway Access, No Back Lane

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This property is listed by Danette Kohut of RE/MAX Vision Realty and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.