+11 more
1.69 ac
Lot
1979
Year Built
About This Property
This business in Vermilion offers a 1.69 ac lot. Built in 1979. The property has lot dimensions of 1.69. The home features forced air, natural gas heating.
MLS Remarks
Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ yearsPerfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.Property Highlights:5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;Professional office area with reception and staff amenities;Strong lease in place – 3-year term with renewal option;Reliable long term tenant ensuring consistent income;Excellent access from major roadways;Ample parking and yard space for vehicles and equipment.This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.Contact your real estate professional today for full lease details and financial information. (id:60351)
Overview
Property Typecommercial
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