+17 more
4,800 sqft
Building Area
1978
Year Built
About This Property
This industrial in Drayton Valley offers 4,800 sqft of building area. Built in 1978. The property has lot dimensions of 0.
MLS Remarks
Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:60351)
Overview
Property Typecommercial
Sub-Type
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