$ 395,000
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$395,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing E001500 - E000630
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.
Listing Highlights for 5516 53 Ave
Status
Active
Days on Site
49
Property Type
Commercial Sale
MLS ®
E4450639
Year Built
1978
Total Square Footage
0
Lot/Acreage
N/A
County
Brazeau
Area
Drayton Valley
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
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- Below Ground Sq Ft: n/a
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Exterior Details
- Garage Capacity: N/A
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
5516 53 Ave Drayton Valley, AB T7A 1C5
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