This well-maintained 2,800 sq. ft. standalone industrial building sits on a generous 0.27-acre lot within a desirable Light Industrial district, offering a rare combination of secure income and long-term operational flexibility. The expansive yard provides excellent functionality for parking, outdoor storage, or business expansion—an increasingly valuable feature for industrial users.
The property benefits from a long-standing tenant in place for approximately 25 years, providing dependable cash flow for investors, while the building’s configuration and site size make it an ideal option for owner-operators planning future occupancy. A new overhead door is currently being installed, enhancing functionality and reducing near-term capital requirements.
Well suited for investors seeking stable returns or owner-users looking to secure a strategic industrial foothold with flexibility for growth.
Essential information
MLS® number
A2285807
Status
Active
Price
$450,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
2,800 sq ft
Lot size
11,761 sq ft
Year built
1976
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
I1
Community
City
Blackfalds
Province
AB
Postal code
T0M 0J0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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27 photos$420,000105, 245 Canal Avenue, Strathmore
