Business For Sale

934 16 Street SW

Medicine Hat, Alberta

ROYAL LEPAGE COMMUNITY REALTY

$325,000

2,405 Sqft
Basic Details
Status: Active
Property Type: Industrial
Listing Type: For Sale
Commercial Type: Mixed Use
MLS® #: mh0180032
Price: $325,000
Sq Ft: 2,405 Sqft
Year Built: 1990
Property Description

Commercial Investment Opportunity – Free standing commercial building with additional adjacent lot (separately titled) for storage and parking. This 2405 Square foot building is divided between reception space and front office and a 1200 SF shop area with a bay door plus 450 square foot mezzanine for storage. Currently occupied with long term tenants (3 Years remaining on current lease, Expires Oct 2022), this is a fantastic opportunity to invest in commercial property. Lease Rates – $1850/Month until Oct 31 2020 – Rate will increase to $1900/Month from Nov 1 2020 until October 31, 2022, Tenant pays all utilities, Landlord is responsible for Property Taxes and Insurance. New roof installed April 2014 form Plato’s Roofing, with 10 year warranty. Call for more information and/or to schedule a showing. (id:15472)

Additional Information
934 16 Street SW
934
16
Street
Canada, Alberta, Medicine Hat, T1A8A4
South West Industrial
Southwest
Municipal water
Municipal sewage system
Freehold
I-B
50.00X125.00|Unknown
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Natural gas
Industrial
Industrial
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"NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy."