$305,000
$310,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/08/2024
Key Details
Sold Price $305,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision Northlands Industrial Park
MLS® Listing ID A2055093
Sold Date 11/08/24
Condo Fees $562
Originating Board Central Alberta
Year Built 1978
Annual Tax Amount $5,105
Tax Year 2023
Property Description
Excellent cash flow opportunity. The 2 bays (2243 sq ft ) are currently rented for 2900.00 per month gross rented until Nov 30, 2026 with option to renew. Building is very attractive, in a great location. Yard is Paved, Secure, Fenced, & Gated with night lights, close to suppliers and access to good labor pool. Well managed condominium with excellent reserve fund. New Torch on roof and metal flashing in 2021. New concrete side walks 2019. These 2 Units allow for 5 parking stalls along the rear fence plus 6 stalls in front of 12' X 14 ' overhead doors. Bay 8 has a 12 X 24 mezzanine, and a bathroom the rest is open warehouse with 2 man Doors, one facing the parking lot the other accessing the optional fenced gravel additional parking area. Bay 7 has 1 man 3'-0"door, open ware house, a bathroom and a small temporary reception desk in the front . See floor Plan in additional documents.
Location
Province AB
County Red Deer
Zoning C 1
Interior
Heating Forced Air, Natural Gas, Radiant
Cooling None
Exterior
Roof Type Flat Torch Membrane
Total Parking Spaces 11
Building
Lot Description Low Maintenance Landscape, Near Shopping Center, Street Lighting, Underground Sprinklers, Near Public Transit, Yard Lights, Paved
Foundation Poured Concrete
Structure Type Brick
Others
Restrictions None Known
Tax ID 83304397
Ownership Private
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