$ 1,200,000
5606 55 ST Drayton Valley, AB T7A 1R9
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$ 1,200,000
Est. payment | /mo
31,242 SqFt
$ 1,200,000
Est. payment | /mo
31,242 SqFt
Key Details
Property Type Commercial
Sub Type Industrial,Office
Listing Status Active
Purchase Type for sale
Square Footage 31,242 sqft
Price per Sqft $38
MLS® Listing ID E4313438
Year Built 1980
Lot Size 18 Sqft
Acres 1.75
Property Description
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.
Location
Province AB
Area Brazeau
Exterior
Amenities Available Boardroom, Ceiling Fan(s), High Speed Internet, Lunchroom, Mezzanine, Outside Storage, Storefront, Storage, Parking-Visitor, Parking-Extra
Building
Story 1.5
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Danette Kohut • RE/MAX Vision Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "