$ 459,900
5414 55 ST Cold Lake, AB T9M 1R5
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$ 459,900
Est. payment | /mo
3,682 SqFt
$ 459,900
Est. payment | /mo
3,682 SqFt
Key Details
Property Type Commercial
Sub Type Office,Retail
Listing Status Active
Purchase Type for sale
Square Footage 3,682 sqft
Price per Sqft $124
MLS® Listing ID E4381111
Year Built 1957
Property Description
The subject property contains 2 titled lots with spas/massage businesses operating independently out of each side. The building saw major renovations in 2019 of over $200,000, including a whole new roof, new shingles, new windows, new doors, new hot water tank, new A/C, new electrical upgrade to 200amp, & repairing & replacing old material, & totally renovating the North side rental space to a totally modern area. The total building area is about 3682sqft. with the 'Chill Out' side comprising about 2500sqft. & 'Trai-Seas' comprising about 1182sqft. Trai-Seas has been a tenant for approximately 10 years & pays $2000/month, while 'Chill Out', a relatively new tenant with a 3 year lease, pays $2800/month. There are 3 furnaces, air conditioning, & 2 hot water tanks. There is plenty of parking in the front for clientele as well as a huge amount of parking behind the building. Both businesses in each unit has multiple sinks with 'Chill Out' having 2 half baths, a shower, & tub, & "Trai-Seas' having 1 half bath.
Location
Province AB
Community Cold Lake South
Area Cold Lake
Exterior
Amenities Available Air Conditioning, Appliances Included, Lunchroom, Paved Yard, Shower, Storefront, Storage, Detectors Smoke, Hot Water Natural Gas, Laundry-In-Suite, Parking-Plug-Ins, Storage-In-Suite, Vinyl Windows, Visitor Parking
Building
Story 1
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Kelly Baker • RE/MAX Platinum Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "