4934 49 Street, Innisfail, AB - MLS # CA0109352

4934 49, Innisfail, AB T4G 1N2

Quick Summary

Price
$399,900
Type:
Commercial
Sub Type:
Building
Title:
4934 49 Street
Possession:
Immediate
Tax Amount:
3130 / 2017

Lot Summary

Lot Width:
50
Lot Depth:
80
Lot Units:
4000 Sq Ft
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Geographical Summary

Access:
Direct Access,Front and Rear Drive access

Building Summary

Year Build:
1994
Construction Material:
Concrete Block
Foundation Details:
Concrete
Roofing:
Tar & Gravel
Utilities:
Electricity,Municipal Water,Natural Gas,Telephone
Heating:
Furnace - Forced Air - 1
Area Above:
4000 sq ft

Property Description

County / Parish: Red Deer County, Alberta
Zoning: CD

This is an opportune time to invest in a fully rented building. This 4000 sqft building is leased out to 2 well established , long term businesses that would like to stay long term leasing. The rental income is $7.50/sqft and has a capital rate of 6.25% at full asking price. Tenants pay all their own utilities, snow removal and tenants insurance. This is an opportunity to invest in a low maintenance, almost hands off type of investment . The building is well maintained and located in the downtown area of Innisfail.

Listed By Royal Lepage Network Realty Corp.

Map

Walk Score

Agent on Duty


Similar Properties