EXCELLENT INVESTMENT OPPORTUNITY. This free standing industrial warehouse/shop of 29,596 sq. ft. main floor, additional 3,517 sq. ft. of 2nd floor, 701 sq. ft. mezzanine. Located in the Coronet Industrial area along 56 ave and east of 97 str. and is situated on 1.25 acres with a paved access, paved and partially graveled yard. The building /shop is concrete block construction and is equipped with heavy power, ranging from 150 to 400 amp, 240 to 600 volt, 3 -phase, 2-ton overhead crane, radiant heating in the shop warehouse area, force air furnace and A/C in the office areas, a wash bay, and multiple overhead grade doors of various sizes. The roof has been replaced in two parts, front portion in 2010, warranty remains and rear portion in 2025, with 20 year warranty. The building has been very well maintained. FULLY leased. The tenant occupies the entire building and has a lease agreement until Oct 2028 with an option to renew for another 5 years. The lease is based on the main floor area.
Address
9555 56 ave. NW
List Price
$3,825,000
Property Type
Commercial Sale
Transaction Type
Sale
Area
Edmonton
Sub-Area
Coronet Industrial
Year Built
1971
MLS® Number
E4458189
Listing Brokerage
Fraser-Tradex Realty Inc
Postal Code
T6E 0B2
Zoning
Zone 41
Construction Materials
Block
Roof
See Remarks