Fantastic investment opportunity producing cash flow over 8% cap rate . This is a waiting list for leases in this facility. Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave. even lease it if you want for a revenue stream. All units are concrete construction, fire resistant, durable and long lasting. Minimum of 60,000 btu hanging heater, 60 amp electrical panel (120 – 240), 16’ X 14’ – 1.5” insulated overhead door with chain hoist, 3’ walk-in door, Floor sump, 2 common wheelchair accessible washrooms, water hose bib, Individually metered water, gas and power, all within a Paved and landscaped yard. These units are situated with in a secured gated compound. Amazing location within Blackfalds Industrial park just minutes from Red Deer and just over an hour from Calgary. (29005422)
Building Type
Commercial Mix
Subdivision Name
Blackfalds - Other
Annual Property Taxes
$2,730 (CAD)
Time on REALTOR.ca
148 days
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