For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,050,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Blindman Industrial Park
MLS® Listing ID A2278321
Sold Date 04/25/26
Year Built 2012
Annual Tax Amount $11,451
Tax Year 2025
Lot Size 2.610 Acres
Acres 2.61
Property Sub-Type Industrial
Source Central Alberta
Property Description
FOR SALE! 6.7% CAP Rate on this FULLY TENANTED (5 year escalation lease-$11.25/PSF average) 12,500 SQ FT STAND ALONE SHOP w/ 2 offices, common area, 3 baths, NEWLY RENOVATED (approximately 1,000 sq ft) and developed in the north-west corner of the shop. Boasts a 305,000 litre fire-fighting 4-season water vault ONSITE on 2.61 ACRES of FENCED, COMPACTED GRAVEL YARD! Gravelled front drive for customer/ employee parking, NEW LED SHOP LIGHTS, New office flooring, fresh paint , SEALED FLOOR with separate shop & sewer sumps, Located in the NEW BLINDMAN INDUSTRIAL AREA- Featuring 125'x100' long building with 4-14'x16'h DRIVE-THRU BAYS at the front, 6-14'X16'H bay doors at the back, TEN bay doors in total. Decent drive-around access provided by drive-thru gate on east side of the property. Visit REALTORS® website for more details on this great INCOME PRODUCING, stand-alone shop in Red Deer County. BSI ZONED, lots of flexibility to operate your business from this space.
Location
Province AB
County Red Deer County
Zoning BSI
Interior
Heating Forced Air, Natural Gas, Radiant
Cooling Central Air
Exterior
Roof Type Metal
Total Parking Spaces 10
Building
Foundation Poured Concrete
Sewer Private Sewer
Water Well
Structure Type Metal Frame
Others
Restrictions None Known
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Nearby Locations
GET MORE INFORMATION