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In-PersonVirtual Tour
$ 299,900
Est. payment | /mo
0.43 Acres Lot
$ 299,900
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2179252
Originating Board South Central
Year Built 1978
Annual Tax Amount $3,897
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Description
SELLER SAYS SELL! - Quality property with 3 year lease makes it easy to get into the revenue market. Wood frame quonset style shop on 2 lots with huge yard has seen substantial improvements inside & out. Fenced chainlink compound gravelled with good drainage & lots of parking & storage. Well located in commercial district with easy access from HWY 1. Building has been upgraded with all new LED lighting, high efficiency furnaces with infloor heat, high traffic commercial quality flooring, paint, overhead door & metal exterior. Large, open reception area has 2 offices, utility room, 2 bathrooms, 2000 square ft of mezzanine storage & 2 upper level offices. Shop has high capacity 3 Phase power. Excellent commercial tenant is on graduating lease ending in 2026. Take the virtual tour & crunch your numbers; this property is generating good income! Income & expense summary available by request. Purchase additional 3 lots 817, 821, 825 5A Avenue, directly to the north of building - MLS A216517 for package pricing.
Location
Province AB
County Newell, County Of
Zoning C
Interior
Heating Forced Air, Natural Gas
Inclusions NA
Exterior
Roof Type Metal
Lot Frontage 125.0
Total Parking Spaces 15
Others
Restrictions None Known
Tax ID 57161523
Ownership Private
Listed by Royal LePage Community Realty
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Danny Raposo
Team Lead