MLS® #: A1114193

10833 97 Avenue Grande Prairie Alberta
T8V 4Y9

$2,500,000

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***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. (id:23498)

Address: 10833 97 Avenue
City: Grande Prairie
Area: Richmond Industrial Park
Province: Alberta
Postal Code: T8V 4Y9
Country: Canada
MLS® ID: A1114193
Price: 2,500,000
Property Size:
Property Lot Size: 1.56acres
Bedrooms:
Bathrooms:
Half Bathrooms:
Office: eXp Realty
Air Conditioning:
Attached Garage:
Car Port:
Fireplace:
Flooring:
Garage:
Heating: Forced air,,Radiant heat
Pool:
Property Style:
Waterfront:
Yard:

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