4853 40 Street, Vermilion, Alberta T9X 1H6

Listed for:
$949,900
0 beds
0 baths
Listed 69 days ago
4853 40 Street, Vermilion, Alberta T9X 1H6

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About

Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ yearsPerfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.Property Highlights:5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;Professional office area with reception and staff amenities;Strong lease in place – 3-year term with renewal option;Reliable long term tenant ensuring consistent income;Excellent access from major roadways;Ample parking and yard space for vehicles and equipment.This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.Contact your real estate professional today for full lease details and financial information. (id:27476)

Property Highlights

MLS® Number
A2269376
Type
Business
Ownership Type
Freehold
Land Size
1.69 ac|1 - 1.99 acres

Building

Square Footage
7980 sqft
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX PRAIRIE REALTY
MLS® number:
A2269376
Agent:
Shawn Jacula
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