Presenting a remarkable opportunity to secure a dynamic industrial property nestled within Sylvan Lake's prestigious Industrial Park (L2). This offering showcases a capacious industrial edifice boasting Bays 1, 2, 3, and 4, with a generous total area encompassing 4,635 square feet. Currently, three of the four bays are under lease agreements, operating on a month-to-month basis, yielding $1200 per month in rental income, alongside a utility cost of $300. Effective July 1st, 2024, rents are set to escalate to $1400 per month, enhancing the revenue stream. With only 3 of the 4 bays being rented - this building offers the flexibility to either lease out the remaining vacant bay or to utilize it for your own purposes, thereby catering to a myriad of potential ventures. With its prime location within Sylvan Lake's esteemed Industrial Park, this property presents abundant possibilities for expansion, innovation, and lucrative investment. (id:47421)
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Detailed Information
Listing Contract Date
2024-05-20
Municipal ID
0028517481
Plan
0023302
Property Type
Industrial
Transaction Type
For sale
Zoning Description
I2
Building
Constructed Date
2000
Size (Exterior)
4635 square feet
Total Finished Area
4635 sqft
Land
Total Size
Unknown
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