42,000 ft²Industrial$4,800,000Sale
42,000 ft²
Industrial
$4,800,000
Sale
![Michael E Eurchuk](https://www.spacelist.ca/assets/thumb/avatar-placeholder.png)
Michael E Eurchuk
MaxWell Polaris
The Space
Asking Price$4,800,000
Available Space42,000 ft²
MLS® IDE4399343
Year Built1982
SourceREALTORS® Association of Edmonton
The Building
Leased property. Lease must be assumed. Over 42,000 sq. ft. of improvements on 4.35 acres of fenced IM and, Phase II Environmental Assessment and Real Property Reports on hand, High Ceiling (over 30') building, there are two rolling 30 tonne cranes and seven 1,5 tonne jib cranes. Company is in its seventh decade of continuous operation as a custom truck body manufacturer, The manufacturing company has been sold to Federal Signal, a major conglomerate of companies trading on the the New York Stok Exchange. Current rent is $306,545.64 which, with operating costs for upgrades done by the landlord, is increased to $347,639.55/annum (net) plus operating costs. Tenant pays all costs including, but not limited to, taxes, utilities, maintenance, etc. Excellent investment Replacement costs of land and improvement exceed asking price considerably.
Property TypeIndustrial
Building Size42,000 ft²
MLS® IDE4399343
Year Built1982
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
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