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Home AB Division No. 10 Vermilion
4853 40 Street
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4853 40 Street $949,900
$949,900
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4853 40 Street
Vermilion, Alberta T9X1H6

MLS® Number: A2269376

Listing Description

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. (31346698)

Property Summary

Property Type
Business
Title
Freehold
Land Size
1.69 ac|1 - 1.99 acres
Built in
1979
Annual Property Taxes
$11,267.31
Time on REALTOR.ca
38 days

Building

Building Features
Features
Level
Foundation Type
None
Construction Material
Poured concrete
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Concrete

Measurements

Square Footage
7980 sqft
Total Finished Area
7980 sqft
Exterior Building Size
7980 sqft

Land

Other Property Information
Zoning Description
IL - Light Industrial District
Data provided by: Pillar 9™
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Shawn Jacula