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CAABDrayton Valley5516 53 Ave
5516 53 Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Drayton Valley AB | Image 1
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$395,000
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5516 53 Ave, Drayton Valley, AB

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 4800 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 1980
Avg. Price Per Sqft $82
MLS® Number E4450639

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)Show Description
MLS® NumberE4450639
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1980
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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