Listing Provided Courtesy Of:
CIR REALTY
Address
240010 Rge Rd 255 Rural Wheatland County, AB
Price
$ 1,498,500
Property Attributes
  • ID#A1137866
  • TypeCommercial
  • CityRural Wheatland County
  • NeighbourhoodLangdon
  • Postal CodeT1P 0Y5
  • StyleMixed Use
  • Price$ 1,498,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size74.29 Acres
Listing Provided Courtesy Of:
CIR REALTY
Data Source:
Pillar 9 Technologies
Property Description

This property is a cash cow. With a little additional TLC this property will prove to be an poutstanding investment. More revenue can be generated by renting out 2 additional out buildings. Current revenue is approximately $102,000 per year. Like New, 12,000 Square Foot Heated Shop (60x200 feet) with 20 foot ceilings, an 1800 square foot mezzanine and 7 (seven) 18 foot high overhead doors, and 2 drive through bays. Additional buildings include 2 homes, another large shop (35x70 feet - Heated), and 2 older out buildings measuring approximately 1500 square feet each. Overall there is well over 25,000 square feet of interior floor space here. This 74 acre property is currently rented to long term tenants and is pulling in just over $101,000 in annual revenue between the 2 homes, the large shop, the lease revenue for the well, and the farm land revenue. There are still 2 unrented structures here, meaning more revenue could easily be generated. The land is zoned agriculturally, but many other business types are permitted on these types of properties including some commercial and light industrial. This property is a great investment for the right businessperson. If you are able to operate your business here rather than in the industrial park, this property is a steal. Much more detail is available to interested and qualified buyers.

Price History
9/2/2021 Listed $1,598,500
9/7/2021 4% - $1,550,000
10/7/2021 4% - $1,498,500

General Features

Parking Total 60
Property SubType Mixed Use
Property Type Commercial
Section 6
Structure Type Mixed Use
Subdivision Name NONE
Township 25
Transaction Type For Sale
Zoning 1

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 1114.83
Building Area Total Sf 12000.00
Main Level Areas SquareFeet
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00
Range 24

Exterior Features

Building Area Total 12000.00
Lot Size Acres 74.29

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T1P 0Y5

Price
AVG $1.5M
$1.5M
Visits
AVG 131
130
Year Built
AVG 2014
2014

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