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42 Hy Grade Crescent

2,760 SF Industrial Condo Unit Offered at $421,238 USD in Drumheller, AB T0J 0Y6

Investment Highlights

  • Fully leased investment opportunity
  • Built out space

Executive Summary

ED-zoned multi-bay industrial building located in downtown Drumheller.

Property Facts

Price $421,238 USD
Unit Size 2,760 SF
No. Units 1
Total Building Size 20,000 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Sale Type Investment or Owner User
Floors 1
Typical Floor Size 20,000 SF
Year Built 2007

1 Unit Available

Unit Bay 1 & 2

Unit Size 2,760 SF
Price $421,238 USD
Price Per SF $152.62 USD
Condo Use Industrial
Sale Type Investment or Owner User
Description

Two-bay fully-leased industrial units for sale.  Building is outfitted with many features including: electric overhead doors, office area, nice washroom, vinyl tile flooring, blinds, forced air heating and A/Conditioning in the offices, with radiant heating in the shop area. There are hookups for Washing Machine and Dryer, Pressure Washer, High Speed Ethernet Wiring, etc. Legal: Plan 9710916 Block 11 Lots 11 & 12 | Location: Located in the Hy Grade Industrial Park. | Land Size: 0.56 acres + 0.52 acres= 1.08 acres | Sizes: Two Bays x 2,720 sq. ft.= 5,440 sq. ft. | Zoning: ED (EMPLOYMENT DISTRICT) | Lease Term Tenants in place. | NNN Utilities: each bay individually metered | Bay Doors: 14 ft wide x 18 ft high | Possession: Negotiable | Floor Area : 2,720 SF x 2 | Tax Roll: 08061103 & 08061202 | LINC: 0027056514 & 0027056522 | Taxes: $8,418 (2024) | Insurance: $2,000 approx. (NNN Tenants pay the Insurance) (29812248).

Sale Notes

Prime investment opportunity located in Drumheller. Current tenants pay utilities, taxes and insurance.

Amenities

  • Air Conditioning

zoning

Zoning Code ED (Employment District)
ED (Employment District)
  • Listing ID: 33853999

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 42 Hy Grade Crescent, Drumheller, AB T0J 0Y6

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