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$ 1,599,900
Est. payment | /mo
$ 1,599,900
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4332083
Year Built 1978
Property Description
INVESTMENT OPPORTURNITY: For sale 4 industrial condo bays 25 ft x 90 ft, 16' ceiling, with a decade old long term tenant, NOI of $113,750 (Cap 7.11%.) At the heart of Weir Industrial neighborhood, IM zoning. Well maintenance, low condo fee, concrete block exterior building with steel beam roof support and Q-deck, newly paved parking lot plus $260,000 Upgraded 480V 3 phase power at 1,200 Amps capacity. Also upgraded forced air ceiling heating and Tankless hot water system. 3 grade level loading doors 12' x 12'. Excellence access to 50 Street, Sherwood Park Fwy and Anthony Henday Dr.
Location
Province AB
Zoning Zone 42
Others
Tax ID 0021544235
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Listed by Hai Duong • RE/MAX Excellence
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "