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$ 729,800
Est. payment | /mo
5,520 SqFt
$ 729,800
Est. payment | /mo
5,520 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type for sale
Square Footage 5,520 sqft
Price per Sqft $132
MLS® Listing ID E4363018
Year Built 1989
Property Description
Calling all investors! Cap Rate of 8.9% based upon the asking price! This 5520sq.ft building has great exposure to highway 28 and has been home to a welding supply company for decades! A solid investment with a pitched metal roof that will last for many years to come, a brand new boiler that runs the in floor heating throughout the building, interior sales floor was completely renovated with new flooring, ceiling tiles, paint and new LED lighting in the last 5 years. Paved parking lot in front of the building and even half of the rear storage yard. Total lot size is 0.79 of an Acre with approximately a half acre of secure fenced storage space behind the building. Please do not approach the tenants directly.
Location
Province AB
Community Bonnyville
Area Bonnyville
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Vince Kelly • RE/MAX Bonnyville Realty
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!