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$ 395,000
Est. payment | /mo
4,800 SqFt
$ 395,000
Est. payment | /mo
4,800 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $82
Subdivision Drayton Valley
MLS® Listing ID E4450639
Year Built 1980
Source REALTORS® Association of Edmonton
Property Description
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. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Century 21 Hi-Point Realty Ltd
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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