$395,000 |
Drayton Valley
Drayton Valley
for Sale at 5516 53 Avenue Drayton Valley
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.
Financial and Mortgage
| List Price |
$395,000
|
| Original Price |
$395,000
|
| Monthly Payment |
$1,647/month
Get Prequalified
|
| Days on Market |
90
|
5516 53 Avenue Details
Show Less
Construction and Lot
| Year Built |
1978
|
| Bathrooms |
0.00
|
| Has Basement |
No
|
| Exterior |
Block
|
Exterior of 5516 53 Avenue
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