Grande Prairie, AB T8V5V8,11218/34 89 AVE
Grande Prairie, AB T8V5V8,11218/34 89 AVE
Grande Prairie, AB T8V5V8,11218/34 89 AVE
$1,425,000
Est. payment /mo
$1,500,000
5.0%
Est.Price: ?

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SOLD DATE : 02/26/2025

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Richmond Industrial Park

MLS® Listing ID A2147320

Sold Date 02/26/25

Originating Board Grande Prairie

Year Built 1981

Annual Tax Amount $32,891

Tax Year 2024

Property Sub-Type Industrial

Property Description

FOR SALE: SHOP/OFFICE on TWO lots! High Traffic Location, Easy Access, 12,709 sq.ft. in two tenant building on 1.66 acres. Lots of windows, Offices are newly renovated, fenced yards. SHOPS: 84' x 39'5" +/- 11234 and 68' x 38' +/- 11218. Eight (most electric lift) overhead doors 11218-#1-10'x10, #2-12'x14', #3/#4-14'x14', 11234-#5-8 -12'x14'. Dedicated wash bay set up in 11218, 11234 is auto detailing/wash bay with Sumps. Lighting-LED, Fluorescent, and Mercury Vapor, Electrical-200AMP, Volts-240AC , Ceiling Fans, Overhead unit heaters, Forced Air/AC, six washrooms (one with shower), Clear ceiling height 14'. OFFICES: 11218 newly renovated in 2023 - freshly painted walls, vinyl plank flooring and base, new carpet on stairs. PARKING: Paved front, gravel rear, good radius for bay access. ZONING: IG-General Industrial, LOCATION: Richmond Industrial Park, UTILTIES: Tenant Pay Directly. NNN Leases - Tenants pay proportionate share of Building Insurance, Property Taxes, Management Fees, Exterior Repairs & Mtnc, Plumbing & HVAC, Yard Maintenance, and Bank Fees. Plus Tenants pay directly - Janitorial, Interior Repairs & Mtnc and Garbage Removal. Projected 2024 NOI = $120,410 +/-, 11218 Tenanted to Jan 31, 2027, 11234-Tenanted to Dec 31, 2028.

Location

Province AB

County Grande Prairie

Zoning IG

Others

Restrictions None Known

Tax ID 91962325

Ownership Private

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Listed by CommVest Realty Ltd.

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Ben Sweet

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