$2,600,000
$2,649,900
1.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/21/2024
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Crossroads 53 South
MLS® Listing ID A2102153
Sold Date 08/21/24
Originating Board Grande Prairie
Year Built 2019
Annual Tax Amount $40,139
Tax Year 2023
Property Description
Welcome to a prime industrial facility that epitomizes excellence in construction and functionality. This top-quality steel building, situated on a sprawling 4.97-acre corner lot, stands out with its strategic location just one block away from Hwy 43 access, offering unparalleled convenience and visibility. Boasting two entrances and a private secure fenced yard equipped with power gates, this property ensures both accessibility and security. The structural brilliance of this facility is evident in its design, featuring six drive-through 100-foot bays complemented by 16x16 overhead doors equipped with power openers. Each bay is not only versatile but also comes with the option to be divided, providing flexibility for diverse tenant uses. The thoughtful inclusion of man doors beside each overhead door allows for seamless access, while the possibility to lease bays separately adds to the property's versatility. Inside the shop area you'll find it is equipped with radiant heat, ensuring a comfortable working environment, and a make-up air system valued at $70,000 further enhances the overall functionality. Two distinct office areas cater to administrative needs, with the north office housing a reception area, 1.2 baths, and an office space with additional rooms or temporary sleeping quarters, complete with a kitchen and a three-piece bathroom. Meanwhile, the south office encompasses a reception area, three offices, a kitchen, and both a half and three-piece bath. Noteworthy features continue with the south shop, which includes two large bathrooms with showers and external access for employee convenience. The entire property has undergone top-notch leasehold improvements, and no expense has been spared in creating a workspace that combines efficiency with comfort. The lot build-up and gravel work, valued at $480,000, contribute to the property's durability and functionality. Currently, the north half of the building enjoys a stable three-year lease with a national tenant, while the south half is leased with a 90-day vacancy clause. This strategic arrangement allows for potential expansion or seamless transition for those looking to continue the existing lease.
Location
Province AB
County Grande Prairie No. 1, County Of
Zoning RM-2
Others
Restrictions None Known
Tax ID 85011805
Ownership Private
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