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.
Essential information
MLS® number
A2290781
Status
Active
Price
$999,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
None Known
Building area
10,500 sq ft
Lot size
57,934 sq ft
Year built
1989
Structure
Industrial
Listing brokerage
RE/MAX ADVANTAGE (WHITECOURT)
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
M-2 Heavy Industrial
Community
City
Whitecourt
Province
AB
Postal code
T7S 1N9
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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2 photos$899,0003820 36 Street, Whitecourt
