Listing Details
For more information on this listing or other please contact me.
Courtesy of Heather Malin of RE/MAX Vision Realty.
Data was last updated 2024-11-01 at 02:18:39 GMT
5137 51 AV Drayton Valley, AB
$399,000
MLS®: E4369083
This property is in the downtown core with great exposure & lots of public parking to the west of the building as well as street parking. Currently there are 4 tenants and room for more. There is a general assessment for 2022. Current rent is $48,240.00 per year. The front end used to have a restaurant which would increase the rent substantially. Expenses run around $18,000 annually which includes the insurance, taxes, utilities, maintenance & snow removal. The owner is currently paying these expenses. A party wall agreement is in process of being completed. The roof is torch on, the 2 furnaces are set up with air conditioning. Recently the furnaced were serviced professionally. There are 3 hot water tanks in the building. One is due to be replaced. There are 2 common area bathrooms. In 1990 the windows and framing were renovated. Gas meters were switched to one bill to save on costs & could be reversed. There are no leases or damage deposits with the tenants.
Listing Information
- Prop. Type:
- Office
- Status:
- Active
- City:
- Drayton Valley
- MLS® Number:
- E4369083
- Neighbourhood:
- Drayton Valley
- Area:
- Brazeau
- Province:
- AB
- Listing Price:
- $399,000
General Information
- Year Built:
- 1961
- Zoning/Land Use Code:
- For Sale
- Region:
- Brazeau
Additional Information
- Plan:
- 8021174
- Legal Block:
- 1
- Legal Lot/Unit:
- 47
Other Information
- Land Size Hectares:
- 0
- Major Business Type:
- Other/See Remarks
- Building Type:
- Multi Tenant/Multi Plex, Quasi Retail
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This property is listed by Heather Malin of RE/MAX Vision Realty and provided here courtesy of
Ashley Agent.
For more information or to schedule a viewing please contact Ashley Agent.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.