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    10833 97 Avenue

    Grande Prairie, AB T8V 4Y9
    • $2,500,000
    • STATUS: Active
    • ID#: A1114193
    UPDATED: 154 min ago
    $2,500,000
    • 0
      BEDS
    • 1.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial

    Description

    ***INVESTMENT OPPORTUNITY*** Building Only. Tenant has been in place for 30+ years, currently 8% CAP Rate with tenant in place until a minimum of April 30th 2028 (More than SIX years). The property has a paved front lot & a gravel yard (which is fully fenced) on a 1.56 acre corner lot right off of 108st/Highway 40, which provides great visibility & easy oversized vehicle access. The main building is 16,508sqft (1200sqft of that being office space) & features 6 bays (with 6 OHDs), Sumps in 3 of the bays, multiple air compressors, hot pressure washer, multiple welding plugs & air lines throughout whole shop, engineered air, four 5 ton cranes, four 2 ton jib cranes, Shop/yard security system/cameras, locker room on an upper mezzanine (additional 1806sqft), & one shop office. The main office area downstairs has 3 offices, one 2 piece bathroom, & a large reception area. The upstairs of the office connects to the upper mezzanine of the shop and features one 3 piece bathroom, 2 offices, & the staff lunchroom. The secondary shop is 3880sqft and features one 3 ton crane, 1 office, one 2 piece bathroom, storage/locker area, upper mezzanine pallet storage, & an air compressor. There were building renovations in 2005/06 totaling $46,113.78 & a staff lunchroom renovation in 2012 totaling $30,520.37. Listing agent is related to the seller.

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    Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-07-30T00:30:06.17.
    www.teamshillington.ca/homes/117969701
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    10833 97 Avenue Grande Prairie, AB T8V 4Y9

    • Price: $2,500,000
    • Status: Active
    • Updated: 154 min ago
    • ID#: A1114193
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.56
    Acres
    Neighbourhood:
    Richmond Industrial Park
    Area:
    Grande Prairie
    Property Description
    ***INVESTMENT OPPORTUNITY*** Building Only. Tenant has been in place for 30+ years, currently 8% CAP Rate with tenant in place until a minimum of April 30th 2028 (More than SIX years). The property has a paved front lot & a gravel yard (which is fully fenced) on a 1.56 acre corner lot right off of 108st/Highway 40, which provides great visibility & easy oversized vehicle access. The main building is 16,508sqft (1200sqft of that being office space) & features 6 bays (with 6 OHDs), Sumps in 3 of the bays, multiple air compressors, hot pressure washer, multiple welding plugs & air lines throughout whole shop, engineered air, four 5 ton cranes, four 2 ton jib cranes, Shop/yard security system/cameras, locker room on an upper mezzanine (additional 1806sqft), & one shop office. The main office area downstairs has 3 offices, one 2 piece bathroom, & a large reception area. The upstairs of the office connects to the upper mezzanine of the shop and features one 3 piece bathroom, 2 offices, & the staff lunchroom. The secondary shop is 3880sqft and features one 3 ton crane, 1 office, one 2 piece bathroom, storage/locker area, upper mezzanine pallet storage, & an air compressor. There were building renovations in 2005/06 totaling $46,113.78 & a staff lunchroom renovation in 2012 totaling $30,520.37. Listing agent is related to the seller.
    Exterior Features

    Construction Materials BrickMetal Siding Foundation Details Poured Concrete Garage YN No Roof Metal Structure Type Industrial

    Interior Features

    Below Grade Finished Area 0.00 Building Area Total SF 20388.00 Cooling Central Air Ensuite YN No Heating Make-Up AirForced AirNatural GasRadiant

    Property Features

    Access To Property Accessible To Major Traffic RouteFront And Rear Drive AccessDirect AccessPublic Transportation Nearby Additional Parcels YN No Building Area Total 20388.00 Electric 400 Amp ServiceThree Phase Lot Features Corner LotPaved Property Sub Type Industrial Sewer Sewer Title Land Fee Simple Transaction Type For Sale Utilities Electricity AvailableNatural Gas AvailableHigh Speed Internet AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning Ig

    Listing provided courtesy of Exp Realty. © 2021 CREB®. All Rights Reserved.
    Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-07-30T00:30:06.17.
     
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    Team Shillington | eXp Realty
    280 23 Sunpark Dr SE
    Calgary AB, T2X 3V1