5516 Industrial Rd Drayton Valley, Alberta T7A 1R1
$900,000
Prime commercial/industrial site backing onto HWY 22 offering great exposure & direct access to Industrial Road. GREAT INVESTMENT OR BUILDING FOR YOUR BUSINESS. Leased to 06/30/25.Tenants pays utilities, taxes, insurance, maintenance of yard & building, etc. Impressive renovations ($300,000) include paint, flooring, lighting, furniture, appliances, desks, matching cabinets, conference tables & chairs, projector, window coverings, A/C & new wiring in computer room, etc. Furniture & appliances stay. The 8700 sq.ft. plus 3,600 sq.ft. renovated basement has additional offices, storage & a walk-in fireproof storage vault. The yard is fully fenced. There is a detached 22x24 garage & 10x12 storage shed in the rear of the property. All mechanical manuals will stay for the 2 hot water boilers & roof top HVAC. The electrical is 400 amp. There is approximately 30+ offices currently with parking to accommodate staff & clients. Fiber Optic cable is in the building.IT IS IN MINT CONDITION! CAP RATE 8.67% (id:42336)
Property Details
| MLS® Number | E4322458 |
| Property Type | Office |
| Neigbourhood | Drayton Valley |
Building
| Constructed Date | 1980 |
| Size Interior | 8700 Sqft |
Land
| Acreage | Yes |
| Size Irregular | 60112.8 |
| Size Total | 60112.8 Sqft |
| Size Total Text | 60112.8 Sqft |
https://www.realtor.ca/real-estate/25139291/5516-industrial-rd-drayton-valley-drayton-valley
Interested?
Contact us for more information
Heather D. Malin
Associate
(780) 542-6040
www.heathermalin.com/
https://www.facebook.com/heathermalinremax/?ref=bookmarks
Po Box 6484
Drayton Valley, Alberta T7A 1R9
(780) 542-4040
(780) 542-6040
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May 01 2023 09:36:23
REALTORS® Association of Edmonton
RE/MAX Vision Realty