This is an incredible investment property which is fully leased out! As a Whitecourt commercial-only realtor, the product we are asked for the most, and have zero supply available, is single bay industrial. That means it is unlikely in the current market that this property will ever have a vacancy! The property has 5 bays plus an apartment, with a cap rate of almost 9% and a ROI of 22%, please contact us for a proforma, and make your next investment in Whitecourt!
Essential information
MLS® number
A2355508
Status
Active
Price
$899,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
None Known
Building area
10,942 sq ft
Year built
1981
Structure
Industrial
Listing brokerage
RE/MAX ADVANTAGE (WHITECOURT)
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
M-1 Service Industrial
Community
City
Whitecourt
Province
AB
Postal code
T7S 1N8
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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4 photos$974,0003701 37 Street, Whitecourt
