4302-44 Avenue, Rocky Mountain House, AB T4T 2A1
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4302-44 Avenue, Rocky Mountain House, AB T4T 2A1
4302-44 Avenue, Rocky Mountain House, AB T4T 2A1
4302-44 Avenue, Rocky Mountain House, AB T4T 2A1
4302-44 Avenue, Rocky Mountain House, AB T4T 2A1
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Listed by Kerri Hunter • Capcity Realty Group
$ 1,499,000
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4302-44 Avenue Rocky Mountain House, AB T4T 2A1


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 45399129

Year Built 1996

Property 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.

Location

Province AB


REALTORS® Association of Edmonton (RAE VOW)

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4302-44 Avenue