50.621998 -113.87826

80042 475 Avenue E Rural Foothills County, AB T1V 1M3

280920917 50.621998 -113.87826 806 /listing/280920917-150112676/80042-475-avenue-e-rural-foothills-county-ab-t1v-1m3 False 0 4600000.0 27224 101 A1025017 False
  • $4,600,000
  • 27,224 sqft
  • 111,078 lot

Property & Neighborhood Info

Courtesy Of VIRTU REAL ESTATE

Commercial in Rural Foothills County

Investment opportunity to acquire a manufacturing-focused property with two pre-engineered metal buildings fully occupied by two separate tenants. 27,224sf combined over two buildings on 2.55 acres, representing a site coverage ratio of 22%. Lease income: $326,700 per year. 3-years of term remaining on existing leases plus tenant options to renew. Clean, well-maintained property with heavy power and crane capacity, including overhead bridge cranes. Two floors of office contracted in Building B in 2019 totaling 2,880sf at a cost of $300,000. Building A (11,961sf) built in 2008 and Building B (15,264sf) built in 2010. Total of 9 oversized drive-in loading doors, and 600amp 600volt power in each building. Located 25 minutes south of Calgary on Highway 2A in High River, Alberta. The asking sale price represents a 7.1% cap rate.

Courtesy Of VIRTU REAL ESTATE
  1. 27,224 Sq. Ft.
  2. 111,078 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2008
  • County: Foothills
  • MLS® Number:A1025017

Additional Features

  • Garageyn:
    • N
  • Property Subtype:
    • Industrial
  • Property Type:
    • Commercial
  • Out Buildings:
    • Shop/Office
  • Restrictions:
    • None Known
  • Community Features:
    • None
  • Nearest Town:
    • High River
  • Zoning:
    • DC-2
  • Documents Available:
    • Call Lister
  • Title:
    • Fee Simple
  • Bathrooms Total Integer:
    • 0
  • Building Area Total:
    • 27224.00
  • County Or Parish:
    • Foothills County
  • Listing Contract Date:
    • 2020-08-18
  • Listing Key:
    • 58590286
  • Lot Size Acres:
    • 2.55
  • Lot Size Square Feet:
    • 111078
  • Parking Total:
    • 100
  • Possession:
    • Negotiable
  • SQFT Office:
    • 2400.0000
  • SQFT Warehouse:
    • 21944.0000
  • Structure Type:
    • Industrial
  • Subdivision Name:
    • NONE
Neighborhood info courtesy of Homes.com © 2021
request more info.
Tazim Asaria
Tazim Asaria
Associate
#10, 6020 - 1A St SW Calgary AB T2H 0G3
50.621998 -113.87826

80042 475 Avenue E Rural Foothills County, AB T1V 1M3

280920917 50.621998 -113.87826 806 /listing/280920917-150112676/80042-475-avenue-e-rural-foothills-county-ab-t1v-1m3 False 0 4600000.0 27224 101 A1025017 False
  • $4,600,000
  • 27,224 sqft
  • 111,078 lot