AB > Drayton Valley > Drayton Valley
Drayton Valley, AB T7A1C5,5516 53 AV
Drayton Valley, AB T7A1C5,5516 53 AV
Drayton Valley, AB T7A1C5,5516 53 AV
Drayton Valley, AB T7A1C5,5516 53 AV
Drayton Valley, AB T7A1C5,5516 53 AV
Drayton Valley, AB T7A1C5,5516 53 AV
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Katie Van Nes

Katie Van Nes

+1(604) 855-8228
$ 395,000
Est. payment | /mo

4,800 SqFt

Save
$ 395,000
Est. payment | /mo
Save

4,800 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $82

Subdivision Drayton Valley

MLS® Listing ID E4450639

Year Built 1978

Source REALTORS® Association of Edmonton

Property 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. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Powered by: REALTOR.ca
Listed by Century 21 Hi-Point Realty Ltd
agent-avatar

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

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