$895,000

Commercial For Sale In Magrath, Alberta

$895,000

Property Information:

Fantastic opportunity to purchase a 6 unit multifamily property located in the Town of Magrath (only a 20 minute drive from Lethbridge). This 6 plex was completed in 2010 and has 3 units up and 3 units down. Each are about 1000 square feet and include 2 bedrooms, 1 bath, a kitchen, a dining area, and a living room. The top units have air conditioning and also have access to a deck off the back. The lower units have a covered entrance and have in-floor heat as well as forced air. Each unit has it's own furnace and on-demand water heater. The spacious bathrooms include a tub/shower and a separate walk-in shower. The kitchens have plenty of cupboards and counters and each have an island for more storage and work space. The units were designed for accessability with larger door and hallway openings. The exterior is Hardie board and stone. The property has concrete ramps, concrete steps and a concrete parking pad. Each parking stall has an electrical outlet which is connected to it's individual unit. Each unit has its own electrical panel and meter. The properties permitted use is a Senior Supportive Housing Facility. It is located just a block away from most of Magrath's amenities including groceries, the post office, pharmacy and doctor's office. Come check out this great investment opportunity!

Inclusions: 6 Fridges, 6 Stoves, 6 Hood Fans, 6 Dishwashers, 6 Washers, 6 Dryers.

Property Features:

  • Built in: 2009
  • Construction Materials: Stone
  • Cooling: Central Air
  • Floor Space (approx): 3042.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: In Floor, Forced Air, Natural Gas
  • Lot Size: 7800.00 Square Feet
  • Property Access: Back Alley Access, Direct Access, Paved Road
  • Roof: Asphalt Shingle
  • Zoning: Institutional/Recreation

Courtesy of: SUTTON GROUP - LETHBRIDGE

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
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