Property Details

6789 52 Avenue
Red Deer (A2315291)

$575,000
4,491 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Ideal investment for you to use and enjoy for yourself or, lease one bay or both bays out to maximize the return on this investment. A perfect opportunity to see great potential for a cash on cash return. Net operating income divided by the sale price and you'll be satisfied with future possibilities for a Cap Rate. Zoned I1 in an industrial {business service} district allows for a huge range of Permitted uses and even more options under Discretionary uses. Warehouse storage, sales relating to manufacturing, building signage, Industrial support services, processing, distribution, repair, servicing, and/or rental base for any article, and plenty of out door storage. Bay B currently vacant and has a 18' 10" x 12" front customer area ,Back office 19'x11'8", board room/lunch room 11"9"x 11'6" with Fridge, sink, counter top and 2 pc bath, shop bay itself is 52'x24' with 14' X14' shop door, 24'x18' mezzanine for extra storage or inventory, back compound is fenced. Bay A currently rented to long term tenant. Entrance is 10'X5', front reception and public wait area 12' wide and 23' long, front office is 13'8"x17'8", storage for supplies 8'9"x 8'7", working bay area 30"wide x 55" long, mezzanine 30' x 24' long, bathroom 2 pc is 6"5 x 5'11" . Back compound is open.r. New windows installed on front side of building. Easy location to find, off street parking available. Don't wait for one just like it, that won't happen. New opportunities can be made, new outcomes can be attained or just get more shop for yourself. Immediate possession is possible with subject to the one tenancy. Original owner since the creation of..

Property details

Basic Info

MLS® #
A2315291
Property Type:
Commercial
Subtype:
Industrial
Subdivision:
NONE
Price
$575,000
Sale/Lease:
For Sale
Size:
4,491 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Industrial
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Zoning:
LI

Materials & Systems

Roof:
Tar/Gravel
Exterior:
Concrete
Foundation:
Slab
Heating:
Overhead Heater(s), Forced Air, Natural Gas

Listing Info

Possession:
Immediate,Subject To Tenancy
Days on Market:
23
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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