4853 40 Street, Vermilion, Alberta T9X 1H6

Listed for:
$949,900
0 beds
0 baths
Listed 12 days ago
4853 40 Street, Vermilion, Alberta T9X 1H6

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