INVESTOR ALERT!! This 8 bay shop is fully rented, with 5 long term tenants. This profitable investment will be great for a new investor with as little as $50k down, with a cap rate of almost 10% and a ROI of over 25% !! Located in the Whitecourt West Industrial Park, it is on the edge of the Duvernay Formation, one of North America's largest new gas reserves. (id:51989)
Features of 6409 51 Avenue
- MLS® Number A2290781
- Price $999,000
- Square Footage: 10500 sqft
- Plan 0622279
Buildings
| Constructed Date | 1989 | Size Exterior | 10500 Sqft |
| Size Interior | 10500 Sqft | Total Finished Area | 10500 Sqft |
Land
| Acreage | Yes | Size Irregular | 1.33 |
| Size Total | 1.33 Ac|1 - 1.99 Acres | Size Total Text | 1.33 Ac|1 - 1.99 Acres |
| Zoning Description | M-2 Heavy Industrial |
Agents and Offices
- Jim Rennie
- Office: RE/MAX Advantage (Whitecourt)