5516 53 Avenue, Drayton Valley, Alberta

About 5516 53 Avenue

Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:6289)

More Info on this MLS® listing

5516 53 Avenue is a listing for sale in Drayton Valley. The MLS® number is 43688954. It was built in 1978 and covers 4,800 square feet. It's currently listed for $359,900. For more details on MLS® 43688954, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Drayton Valley is available now!

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