FOR SALE- 23,360 sq ft with Hwy 11 Frontage

105 Burnt Lake Trail

SUPERB HWY 11 FRONTAGE! This Partially tenanted 23,360 SQ FT, multi-bay, mutli-tenant shop situated on 2.81 ACRES right on HWY 11. Bringing in just over $135,000/year of GROSS INCOME, this 12-bay unit is the perfect setup for investment purposes or owner occupant, with rental income and room to grow! five bays currently open with another $100,000/ year of GROSS INCOME potential at $10.00 PSF GROSS. 10 single bays (2000+/- SQ FT with 12’x14’H shop doors, ALL VACANT SHOP SPACES HAVE UNDERGONE RENOVATING OF OFFICE SPACE/ BATHS/ SOME MEZZANINES, one DOUBLE BAY (4200 SQ FT +/-) Environmental & RPR on order. 2019 tax assessed value of over $2,100,000, this is an exceptional opportunity to buy your next investment property!

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Standard Listing

  • Price:1700000
  • Listing Type:Sale - Building
  • Property Type:Industrial
  • Listing #: WG-23680
  • Zoned for:BSI
  • Community: Red Deer County
  • Neighbourhood: Burntlake
  • Legal Description: Lot 3; Block C; Plan 8921632
  • Available Space: 23360 sq ft

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