5606 55 St , Drayton Valley, Alberta T7A 1R9 For sale

$1,200,000

Area 31242 sqft
Year Built 1980

About 5606 55 St

INVESTMENT OPPORTUNITY HERE!! 1980 cinderblock constructed building with OVER 31,000 SQ.FT of rentable space!! This versatile/multi use building is located in a great location that offers QUICK & EASY ACCESS to HWY 22 and HIGHWAY EXPOSURE as this property backs onto HWY 22!! Containing 9 separate units that include... store front and/or office areas, 6 Bays with 16 ft overhead doors PLUS the upstairs office units with separate entrances! Situated on almost 2 acres there is ample yard space for storage and parking. The front of the building is paved with plenty of parking stalls and new asphalt has been placed along the South side of the building and along the back just this year. Currently 50% of the building is leased. At full capacity the potential of this building leased at $10 per sq.ft would be over $310,000/year base rent! Definitely an opportunity to check out! Bay#1 29x90, Bay#2 29x83, Bay#3 29x40, Bay#4 29x40, Bay#5 29x51, Bay#6 29x65. (id:51989)

Features of 5606 55 St

  • MLS® Number E4313438
  • Price $1,200,000
  • Square Footage: 31242 sqft
  • Features Flat Site, No Back Lane

Business

Business Type Industrial Business Sub Type Warehouse

Buildings

Constructed Date 1980 Size Interior 31242 Sqft

Land

Access Type Highway Access Acreage Yes
Fronts On Highway Size Irregular 76230
Size Total 76230 Sqft Size Total Text 76230 Sqft

Agents and Offices

  • Danette E. Kohut
  • Office: RE/MAX Vision Realty
  • Aerial
  • Walking Score
  • Street Level
What's Nearby

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