9116 111 Street
Grande Prairie, Alberta
MLS® A2351749
$1,450,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- A2351749
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1978
1 / 37Listing description
VERSATILE 5 BAY INDUSTRIAL PROPERTY WITH EXCELLENT INCOME POTENTIAL! Located in Richmond Industrial Park, this well-appointed commercial building offers exceptional flexibility for investors and owner-operators alike. With four separate bays, the property presents an excellent opportunity to generate rental income from multiple tenants, operate your own business while leasing out additional bays to offset ownership costs, or accommodate a larger operation requiring the entire building.
Offereed at an attractive list price of just $112/sq. ft. Each bay offers a functional combination of shop and office space, with multiple utility meters, 3-phase power, and a variety of heating systems to support different business needs.
Features throughout the property include mezzanine space, multiple offices, washrooms, concrete shop floors, floor drains, and overhead doors. One bay also features a 2-ton hydraulic hoist, while recent improvements include upgraded rooftop heating units and a new furnace. The property also offers an asphalt driveway, outdoor storage, and a shared parking area.
Whether you're looking to expand your business, establish a new location, or add a multi-tenant industrial property to your investment portfolio, this building offers plenty of possibilities. ADDITIONAL OPPORTUNITY: The adjacent industrial building, which shares the parking area, is also available for purchase (MLS® A2349217), providing a unique opportunity for buyers looking to acquire additional space or expand their investment holdings. Explore the potential this versatile property has to offer!
Property summary
- MLS® number
- A2351749
- Property type
- Industrial
- Size
- 14,180 sq ft
- Land size
- 0.96 acres
- Built in
- 1978
- Annual property taxes
- $28,917.00
- Days on market
- 18 days
Features & details
- Exterior features
- Concrete, Metal
What would this home cost you?
Based on the $1,450,000 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 Grassroots Realty Group Ltd., Grande Prairie.
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.