MLS® A2351749 · Active

9116 111 Street

Grande Prairie, Alberta

$1,599,900

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

A2351749

Status

Active

Property type

Industrial

City

Grande Prairie

Year built

1978

Living area

14180 square feet

Listing brokerage

Grassroots Realty Group Ltd.

About this property

VERSATILE 5 BAY INDUSTRIAL PROPERTY WITH EXCELLENT INCOME POTENTIAL! Located in Richmond Industrial Park, this well-appointed commercial building offers exceptional flexibility for investors and owner-operators alike. With four separate bays, the property presents an excellent opportunity to generate rental income from multiple tenants, operate your own business while leasing out additional bays to offset ownership costs, or accommodate a larger operation requiring the entire building. Offereed at an attractive list price of just $112/sq.ft. Each bay offers a functional combination of shop and office space, with multiple utility meters, 3-phase power, and a variety of heating systems to support different business needs. Features throughout the property include mezzanine space, multiple offices, washrooms, concrete shop floors, floor drains, and overhead doors. One bay also features a 2-ton hydraulic hoist, while recent improvements include upgraded rooftop heating units and a new furnace. The property also offers an asphalt driveway, outdoor storage, and a shared parking area. Whether you're looking to expand your business, establish a new location, or add a multi-tenant industrial property to your investment portfolio, this building offers plenty of possibilities. ADDITIONAL OPPORTUNITY: The adjacent industrial building, which shares the parking area, is also available for purchase (MLS® A2349217), providing a unique opportunity for buyers looking to acquire additional space or expand their investment holdings. Explore the potential this versatile property has to offer! (id:65883)

Location

Call 780-916-8050 · Browse more properties

Listing information provided through CREA DDF®. Listing courtesy of Grassroots Realty Group Ltd.. Source attribution · REALTOR.ca

Details, measurements, price and availability may change and require verification. MLS® and REALTOR® are trademarks of the Canadian Real Estate Association.