SUPERB HWY 11 FRONTAGE! This Partially tenanted 23,360 SQ FT, multi-bay, mutli-tenant shop is situated on 2.81 ACRES right on HWY 11.
Bringing in just over $135,000/year of GROSS INCOME, this 12-bay unit is the perfect setup for investment purposes or owner occupant, with rental income and room to grow! Five bays currently open with another $100,000/ year of GROSS INCOME potential at $10.00 PSF GROSS. 10 single bays (2000+/- SQ FT) with 12'x14'H shop doors, ALL VACANT SHOP SPACES HAVE UNDERGONE RENOVATING OF OFFICE SPACE/ BATHS/ SOME MEZZANINES, one DOUBLE BAY (4200 SQ FT +/-) Environmental & RPR on order. 2019 tax assessed value of over $2,100,000, this is an exceptional opportunity to buy your next investment property! Visit REALTORS® website for more details on this great Red Deer County Property!
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