4302-44 Avenue
Rocky Mountain House, Alberta
MLS® 45399129
$1,499,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 45399129
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1996
1 / 15Listing description
INCREDIBLE INVESTMENT OPPORTUNITY!! This property is FULLY LEASED and priced well below appraised value. Four tenants currently occupy this mixed-use light industrial building which is situated on a 3.
11-acre parcel, zoned for General Industrial District use. The property is divided into four distinct units, with BAY A (the north bay) having undergone a complete renovation in 2018/19. In addition, a newly fenced rear yard dedicated to BAY A was constructed as a leasehold improvement in the fall of 2019.
Recent upgrades throughout the rest of the building include new windows, roof repairs, heating/plumbing & electrical improvements, a paved parking lot, and enhancements to the rear storage yard, including compaction and gravel installation. There’s also potential for additional income or development on the second floor, whether through future office development or by creating more headspace in the ground-level units. This property is a remarkable investment opportunity with endless possibilities.
Property summary
- MLS® number
- 45399129
- Property type
- Industrial
- Size
- 17,396 sq ft
- Land size
- 135471.6 square feet
- Built in
- 1996
- Days on market
- 48 days
What would this home cost you?
Based on the $1,499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Capcity Realty Group, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.