105 Burnt Lake Trail Rural Red Deer County AB Industrial For Sale

Industrial $1,800,000
Listing ID 21398799

Brokerage: Century 21 Advantage

SUPERB HWY 11 FRONTAGE! This Partially tenanted 23,360 SQ FT, multi-bay, mutli-tenant shop is situated on 2.81 ACRES right on HWY 11.Bringing in just over $135,000/year of GROSS INCOME, this 12-bay unit is the perfect setup for investment purposes or owner occupant, with rental income and room to grow! Five bays currently open with another $100,000/ year of GROSS INCOME potential at $10.00 PSF GROSS. 10 single bays (2000+/- SQ FT) with 12'x14'H shop doors, ALL VACANT SHOP SPACES HAVE UNDERGONE RENOVATING OF OFFICE SPACE/ BATHS/ SOME MEZZANINES, one DOUBLE BAY (4200 SQ FT +/-) Environmental & RPR on order. 2019 tax assessed value of over $2,100,000, this is an exceptional opportunity to buy your next investment property! Visit REALTORS® website for more details on this great Red Deer County Property! (id:35970)

Last Updated
2020-06-06 06:32:35
For Lease
105 Burnt Lake Trail Rural Red Deer County AB
Property Type
Total Finished Area
23360 sqft
Size Interior
23360 sqft
Heating Type
Forced air, Radiant heat
Foundation Type
Construction Material
Steel frame
Constructed Date
Basement Type
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