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5016 50 Street, Eckville, AB

Name: 5016 50 Street, Expired in Eckville - eXp Realty
Brand: VirtualPropertyInc.com
SKU: A2014753
Price: 550000 CAD

Real Estate

Expired

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000

MLS® A2014753

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $6,863

Approx. Age 1977

MLS® Number A2014753

Property Address: 5016 50 Street, Eckville, AB, T0M0X0

Average square foot calculated using Size range provided by listing agent.

Description

This 9620 sq. Ft. Prime retail property is located on a corner lot on the intersection of 50 St & 50 Ave. And is on .27 acres (11, 700 sq. Ft.) of land. Full municipal services including water, power, phone, sanitary sewer and natural gas service. The building is in the process of being renovated to accommodate multi-tenants. Several new leases have been signed. A couple more spaces are still available. Current cap rate is approx. 6% with additional income potential based on last years expenses. I do not have a current budget because the renovations are still underway and tenants will not be moving in until mid to late summer. This is an exciting opportunity to purchase a newly renovated cash flow commercial retail center in Eckville Alberta. The property is surrounded by commercial use properties, primarily retail and service/office use. Residential use property is located in close proximity. Town of Eckville lies west of Red Deer and Sylvan Lake with in the County of Lacombe . Eckville provide amenities & services to an extended rural population primarily on livestock and crop producing farms. Amenities include retail shops, professional offices, services, & public schools. Sylvan Lake, is a popular tourist destination and one of the most popular lakes in Central Alberta providing a whole range of year round water and recreational activities. Eckville is located on Highway 766 just north of Highway 11. The twinning of Highway 11 from Red Deer to Rocky Mountain House is well underway. Once this construction project is finished it will provide a gateway and viable alternative route from Central Alberta to British Columbia. The building has concrete grade beams and footings with a floating concrete slab floor. Building is metal frame construction with metal framed widows/ mullions, steel beams, & metal siding. Windows are double glazed units in aluminum frames. Floor layout has been redesigned to accommodate multi tenant retail sales. There is an unheated storage receiving area in the rear of the building ideal for contractor supplies/equipment or cold storage . Building has two common bathrooms. Flooring is commercial grade tile flooring. Power supply is 3 Phase 225 amps. Ceiling height is 12' at the peak.Show Description

MLS® NumberA2014753

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1977

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

none

Price History

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$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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