Investment Opportunity!! Multi Unit Commercial Building located on Highway 16 Westbound. 3200 square foot building separated into two 1600 sq ft retail locations with centre firewall, zoned C-2 Service Commercial and an adjacent Residential Home with double car garage zoned R-2 General Residential. The East side unit was completely renovated 4 years ago and is leased to a local communications store. It features a large front retail space with new ceramic tile throughout, 2-pc bathroom, 2-offices, full kitchen with new cabinets & appliances, utility room and storage. 8 Ft overhead door for future shop use if required. The West side is leased to a local Water Store and consists of a large front retail space, water disbursement vending machine room open 24 hours, office, 2-pc bathroom, kitchenette, storage and shop bay with 2-overhead doors. Each location has plenty of staff and customer parking, security roll shutters, large digital overhead sign, air conditioning, separate power meters, floor furnace, plus a shared boiler for in-floor heat (gas, water, sewer are shared). Also included is a 2-Bedroom, 1-Bathroom adjacent House with Dbl Detached Garage on a 7000 sq.ft lot. The house is rented, well maintained and has a newer tin roof, some windows, furnace in 2023, and HWT in 2024. Additional lease information available to interested buyers.
Mls | A2179613 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2005 |
Days On Site | 19 |
Listing Provided By | CENTURY 21 TWIN REALTY | SHARON HAWBOLDT |
Sq Feet | 3,166 |
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Zoning | C-2, R2 |
State | AB |
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County | Yellowhead County |
City | Edson |
Zip Code | T7E 1C7 |
Area | Yellowhead County |
Listing VS Median (in T7E 1C7) | |
Price: $840,000 low | high Med: $840,000 SqFt: 3,166 low | high Med: 3,166 $ / SqFt: $265 low | high Med: $265 On Site: 19 low | high Med: 19.000000 |