$949,900

Commercial For Sale In Vermilion, Alberta

$949,900

Property Information:

Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ yearsPerfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.Property Highlights:5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;Professional office area with reception and staff amenities;Strong lease in place – 3-year term with renewal option;Reliable long term tenant ensuring consistent income;Excellent access from major roadways;Ample parking and yard space for vehicles and equipment.This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.Contact your real estate professional today for full lease details and financial information.

Inclusions: n/a

Property Features:

  • Built in: 1979
  • Construction Materials: Concrete
  • Floor Space (approx): 7980.00 Square Feet
  • Foundation Details: None
  • Heating: Overhead Heater(s), Forced Air, Natural Gas
  • Lot Size: 73616.00 Square Feet
  • Property Access: Accessible to Major Traffic Route, Direct Access
  • Roof: Tar/Gravel
  • Zoning: IL - Light Industrial Dis

Courtesy of: RE/MAX PRAIRIE REALTY

Data provided by: REALTORS® Association of Lloydminster & District 5009 48 St., Lloydminster, Alberta T9V 0H7
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