21,600 ft²Industrial$2,350,000Sale
21,600 ft²
Industrial
$2,350,000
Sale
Wesley Giesbrecht
CENTURY21 Advantage Realty
The Space
Asking Price$2,350,000
Available Space21,600 ft²
MLS® IDA2141615
ZoningMI
Year Built1980
SourceCentral Alberta
The Building
TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30'x80' or 2,400SQ FT (5-single bays) to 60'x80' or 4,800 SQ FT (2-double bays) all with 12'x16' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80' deep bays with two 12'x16'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details
Property TypeIndustrial
Building Size21,600 ft²
Lot Size4.09 AC
MLS® IDA2141615
ZoningMI
Year Built1980
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Up to $500K for Alberta businesses
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