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

Industrial $1,700,000
Listing ID 22026274

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)


MLS® ID
A1006591
Last Updated
2020-07-08 01:50:25
For Lease
$1700000.00
Address
105 Burnt Lake Trail Rural Red Deer County AB
Property Type
Industrial
Heating Type
Forced air, Radiant heat
Heating Fuel
Natural gas
Foundation Type
Slab
Total Finished Area
23360 sqft
Constructed Date
1995
Construction Material
Steel frame
Basement Type
Unknown
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