AB > Drayton Valley
Drayton Valley, AB T7A 1R9,5606 55 ST
Drayton Valley, AB T7A 1R9,5606 55 ST
Drayton Valley, AB T7A 1R9,5606 55 ST
Drayton Valley, AB T7A 1R9,5606 55 ST
Drayton Valley, AB T7A 1R9,5606 55 ST
Drayton Valley, AB T7A 1R9,5606 55 ST
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Nathan Lorenz

Nathan Lorenz

+1(825) 461-5091
$ 1,200,000
Est. payment | /mo

31,242 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

31,242 SqFt

Key Details

Property Type Commercial

Sub Type Industrial,Office

Listing Status Active

Purchase Type for sale

Square Footage 31,242 sqft

Price per Sqft $38

MLS® Listing ID E4313438

Year Built 1980

Lot Size 18 Sqft

Acres 1.75

Property Description

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.

Location

Province AB

Area Brazeau

Exterior

Amenities Available Boardroom, Ceiling Fan(s), High Speed Internet, Lunchroom, Mezzanine, Outside Storage, Storefront, Storage, Parking-Visitor, Parking-Extra

Building

Story 1.5

Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Danette Kohut • RE/MAX Vision Realty
agent-avatar

Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate. 

So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide! 


I would love to connect! ​​​​​​​

+1(825) 461-5091

nathan@lorenzgroup.ca

3400-10180 101 St NW Edmonton, Alberta T5J3S4

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5606 55 ST