4209 3 Street E

 

$450,000

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Property ID :

 23000522

Year Built

1974

Lot Size

background Layer 1 0.91 sqft

Description

This is a multi-tenant industrial building comprised of 7800sqft(+/-). The wood frame structure was built in 1974, with a rear addition completed in 2008 and is presently demised into four independent rental units. The building is situated on 0.91 of an acre parcel of land and is located in the southeast corner of Claresholm’s Industrial Park. The property has rear frontage on Highway 2, a major north/south double-lane highway extending from Fort Macleod to Calgary. The building structure consists of a concrete perimeter foundation and concrete slab floors.It has a gable roof structure with newer metal cladding at front, older asphalt shingles at centre, and metal at rear. There are overhead drive-in doors, 3 @ (14 x 14), 1 @ (8 x 10) with chain and motorized door openers. There is a mix of both PVC and wood casement thermopane window units.This would be a great Owner/User building that could be grown into, or just purchased as an investment property. The tenant mix is currently producing a favourable cap rate from an investor perspective. Call for more details and a tour of this property. (id:38046)

Additional Details

  • MLS ID: A1088245

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