4635 sqft
$625,000
Presenting a remarkable opportunity to secure a dynamic industrial property nestled within Sylvan Lake's prestigious Industrial Park (L2). This offering showcases a capacious industrial edifice boasting Bays 1, 2, 3, and 4, with a generous total area encompassing 4,635 square feet. Currently, three of the four bays are under lease agreements, operating on a month-to-month basis, yielding $1200 per month in rental income, alongside a utility cost of $300. Effective July 1st, 2024, rents are set to escalate to $1400 per month, enhancing the revenue stream. With only 3 of the 4 bays being rented - this building offers the flexibility to either lease out the remaining vacant bay or to utilize it for your own purposes, thereby catering to a myriad of potential ventures. With its prime location within Sylvan Lake's esteemed Industrial Park, this property presents abundant possibilities for expansion, innovation, and lucrative investment. (id:57810)
Property Details
MLS® Number
|
A2132400 |
Property Type
|
Industrial |
Community Name
|
Cuendet Industrial Park |
Plan
|
0023302 |
Building
ConstructedDate
|
2000 |
SizeExterior
|
4635 Sqft |
SizeInterior
|
4635 Sqft |
TotalFinishedArea
|
4635 Sqft |
Land
Acreage
|
No |
SizeTotalText
|
Unknown |
ZoningDescription
|
I2 |
https://www.realtor.ca/real-estate/26918032/1234-2-sylvaire-close-sylvan-lake-cuendet-industrial-park