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$949,900
Est. payment /mo
7,980 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,980 sqft
Price per Sqft $119
MLS Listing ID A2269376
Year Built 1979
Lot Size 1.690 Acres
Acres 1.69
Property Sub-Type Industrial
Property Description
Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ years
Perfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.
Property Highlights:
5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;
Professional office area with reception and staff amenities;
Strong lease in place – 3-year term with renewal option;
Reliable long term tenant ensuring consistent income;
Excellent access from major roadways;
Ample parking and yard space for vehicles and equipment.
This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.
Contact your real estate professional today for full lease details and financial information.
Perfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.
Property Highlights:
5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;
Professional office area with reception and staff amenities;
Strong lease in place – 3-year term with renewal option;
Reliable long term tenant ensuring consistent income;
Excellent access from major roadways;
Ample parking and yard space for vehicles and equipment.
This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.
Contact your real estate professional today for full lease details and financial information.
Location
Province AB
Zoning IL - Light Industrial Dis
Interior
Heating Overhead Heater(s), Forced Air, Natural Gas
Fireplace No
Exterior
Roof Type Tar/Gravel
Garage No
Building
Lot Description Level, Yard Lights
Dwelling Type Warehouse
Foundation None
Others
Restrictions None Known
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Listed by RE/MAX PRAIRIE REALTY
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