$924,900

Commercial · MLS® A2269376
7,980Sq Ft
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ years

Perfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and...

03 / Details

PROPERTY DETAILS

Property TypeCommercial
Building TypeWarehouse
Total Finished Area7,980 sq ft
Lot Size73,616 sq ft
ZoningIL - Light Industrial Dis
HeatingOverhead Heater(s) • Forced Air • Natural Gas
Year Built1979
04 / Commercial

COMMERCIAL METRICS

Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$1167,980 sq ft building
Building Size7,980 sq ftTotal building area
Property TypeIndustrialCommercial classification
ZoningIL - Light Industrial DisUse classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Shawn Jacula · RE/MAX PRAIRIE REALTY