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MLS® 43688954

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 4800 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1978
Avg. Price Per Sqft $82
MLS® Number 43688954

Property Address: 5516 53 Ave, Drayton Valley, AB, T7A1C4

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity with this 4, 800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36, 735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2, 100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:58753)Show Description
MLS® Number43688954
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1978
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

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  • Commute

Commute

Starting Address
Destination Address
5516 53 Ave, Drayton Valley, AB

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