Call 780.289.6670 Login or Sign Up

Commercial Property for Sale

Courtesy of Heather Malin of RE/MAX Vision Realty

Property For Sale In Drayton Valley, Brazeau

 Commercial Property for Sale, 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.

Contact Felicia Dean & Jen Osmond About MLS® E4369083

Required Field

Felicia Dean & Jen Osmond , 780-289-6670 at RE/MAX Excellence, #201 5607 - 199 Street, Edmonton, Alberta, T6M OM8

property information

  • Property Type: Commercial Property
  • MLS®#: E4369083
  • Year Built: 1961
  •  

Community Information

  • Neighbourhood: Drayton Valley
  • City: Brazeau
  • Postal Code: T7A 1J7
  •  
  •  

$499,000

Registration Benefits

By Creating an Account You'll Access:

  • More Brazeau Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Disclaimer: Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated April 26, 2024, 11:58 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.