REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,399,000
Est. payment /mo
Price Dropped by $100K
144023 TR192 N Rural Newell County Of, AB T1R 1C5
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2285685
Year Built 1983
Annual Tax Amount $8,760
Tax Year 2025
Property Sub-Type Industrial
Source South Central
Property Description
This is a great investment opportunity with long term tenants in place that have a 5 year term, triple net lease to May 2030. Current rent income is 9000/month. The property is 7.83 acres and includes 3 adjoining shops that total 10,00 square feet of shop and office space. There are 2 - 14x16 overhead doors for each bay that that allow for a drive through. The larger bay was built in 1983 and has 2 overhead forced air furnaces, floor drain, new LED lights, washer/dryer hookups, dispatch office, staff office and a 2 piece bathroom. The second bay was built in 1974 and has overhead forced air furnace and newer LED lights and a floor drain. The third bay is the wash bay with the same amenities as the middle bay. The office building is located at the main gate and has a board room with a kitchen space, reception area, 5 offices and a 2 piece bathroom. There are newer laminate floors, vinyl windows and 100 amp service in this building. The fully fenced yard is well packed and maintained with good drainage on the SW corner. With paved access to Highway 1 you are making a commitment to a sustainable long term investment. Have a look at the numbers and GET MOVING IN THE RIGHT DIRECTION!
Location
State AB
County Newell, County Of
Zoning AG-GEN
Others
Restrictions None Known
Tax ID 57110760
Ownership Private
Listed by Harvest Real Estate