JN REAL ESTATE GROUP

Richmond Industrial Park

FOR SALE

$1,599,900

PURCHASE PRICE

9116 111 Street , Grande Prairie · T8V 4W1

INDUSTRIAL · BUILT 1978

MLS A2351749 · 0 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

VERSATILE 4-BAY INDUSTRIAL PROPERTY WITH EXCELLENT INCOME POTENTIAL! Located in Richmond Industrial Park, this well-appointed commercial building offers exceptional flexibility for investors and owner-operators alike. With four separate bays, the property presents an excellent opportunity to generate rental income from multiple tenants, operate your own business while leasing out additional bays to offset ownership costs, or accommodate a larger operation requiring the entire building. Offereed at an attractive list price of just $112/sq.ft. Each bay offers a functional combination of shop and office space, with multiple utility meters, 3-phase power, and a variety of heating systems to support different business needs. Features throughout the property include mezzanine space, multiple offices, washrooms, concrete shop floors, floor drains, and overhead doors. One bay also features a 2-ton hydraulic hoist, while recent improvements include upgraded rooftop heating units and a new furnace. The property also offers an asphalt driveway, outdoor storage, and a shared parking area. Whether you're looking to expand your business, establish a new location, or add a multi-tenant industrial property to your investment portfolio, this building offers plenty of possibilities. ADDITIONAL OPPORTUNITY: The adjacent industrial building, which shares the parking area, is also available for purchase (MLS® A2349217), providing a unique opportunity for buyers looking to acquire additional space or expand their investment holdings. Explore the potential this versatile property has to offer!

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Industrial
YEAR BUILT
1978
CONSTRUCTION
Concrete · Metal Siding
ROOF
Metal
FOUNDATION
Poured Concrete

LOT & EXTERIOR

LOT SIZE (SQFT)
41,817
LOT SIZE (ACRES)
0.96

COMMUNITY

COMMUNITY
Richmond Industrial Park
ZONING
IG
POSTAL CODE
T8V 4W1

UTILITIES & COSTS

ANNUAL TAXES
$28,917

LISTING COURTESY OF TALLON JEBB · GRASSROOTS REALTY GROUP LTD.

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.