Fantastic investment opportunity producing cash flow over 8% cap rate . This is a waiting list for leases in this facility. Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave. even lease it if you want for a revenue stream. All units are concrete construction, fire resistant, durable and long lasting. Minimum of 60,000 btu hanging heater, 60 amp electrical panel (120 – 240), 16’ X 14’ – 1.5” insulated overhead door with chain hoist, 3’ walk-in door, Floor sump, 2 common wheelchair accessible washrooms, water hose bib, Individually metered water, gas and power, all within a Paved and landscaped yard. These units are situated with in a secured gated compound. Amazing location within Blackfalds Industrial park just minutes from Red Deer and just over an hour from Calgary.
Address |
1, 5212 Duncan Avenue |
List Price |
$207,900 |
Property Type |
Commercial |
Type of Dwelling |
Mixed Use |
Area |
Blackfalds |
Sub-Area |
Blackfalds - Other |
Year Built |
2014 |
MLS® Number |
A2130875 |
Listing Brokerage |
RE/MAX Real Estate (Central)
|
Postal Code |
T0M 0J0 |
Zoning |
I-1 |