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5516 53 Avenue, Drayton Valley, Alberta, T7A 1C5

MLS® # 43688954
Commercial For Sale In Drayton Valley, Alberta
$359,900

None Beds

5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
5516 53 Avenue, Drayton Valley, AB
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5516 53 Avenue, Drayton Valley, Alberta, T7A 1C5
$359,900

Property Information:

Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:27)

Building Features:

  • Floor Space: 4800 sqft Square Feet

Property Features:

  • Property Type: Industrial
  • Built in: 1978
  • Floor Space (approx): 4800 Square Feet
  • Irregular: Yes
  • Lot Size: 0.00 Square Feet

Courtesy of: Century 21 Hi-Point Realty Ltd

REALTOR.ca  

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Market Price Trends

Single family detached

4.28%

Price change (1 year)

19.08%

Price change (5 years)

All Properties

4.28%

Price change (1 year)

19.08%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5516 53 Avenue, Drayton Valley, Alberta, T7A 1C5

Demographic Information of 5516 53 Avenue, Drayton Valley, Alberta, T7A 1C5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$122,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.2 %

High school certificate or equivalent

40.4 %

Apprenticeship trade certificate/diploma

12.12 %

College/non-university certificate

15.15 %

University Degree

12.12 %

Commuter

Travel To Work

By Car

84.31 %

By Public Transit

0.0 %

By Walking

15.69 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.9 %

Houses

36.1 %

Own Vs. Rent

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