NONE

6409 51 Avenue , Whitecourt, AB

$999,000

Commercial · MLS® A2290781

10,500Sq Ft

1989Year Built

02 / Overview

PROPERTY OVERVIEW

INVESTOR ALERT!! This 8 bay shop is fully rented, with 5 long term tenants. This profitable investment will be great for a new investor with as little as $50k down, with a cap rate of almost 10% and a ROI of over 25% !! Located in the Whitecourt West Industrial Park, it is on the edge of the Duvernay Formation, one of North America's largest new gas reserves.

03 / Details

PROPERTY DETAILS

Property TypeCommercial

Building TypeIndustrial

Total Finished Area10,500 sq ft

Lot Size57,934 sq ft

ZoningM-2 Heavy Industrial

Year Built1989

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$9510,500 sq ft building

Building Size10,500 sq ftTotal building area

Property TypeIndustrialCommercial classification

ZoningM-2 Heavy IndustrialUse 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 Jim Rennie · RE/MAX ADVANTAGE (WHITECOURT)