4902 50 Avenue, Castor, Alberta T0C 0X0

Looking for a source of income from your investment? Look no further. Located on main street Castor, this 2376 sq.ft. building built in 1945, sits on three corner lots. There are presently three long term renters utilizing the building, which has had some flooring, doors and windows replaced recently, as well as a new boiler and hot water tank six years ago. There is room for more renters with the larger portion of the building for rent. The rental spaces vary in size with ample phone lines and high speed internet available in the building. Downstairs has all the heating and water tank as well as the central vac. The exterior is stucco and the roof is sloped, covered with tar, tin and rubber seal. Sellers have maintained the building throughout the years and are motivated to find the right buyers. Don't let the downturn of the economy keep you from thinking about your future income. (id:27476)

For sale is a property with freehold ownership, offering a great opportunity for investment income. Situated on the main street of Castor, this 2376 sq.ft. building was constructed in 1945 and is positioned on three corner lots. Currently, there are three long-term tenants occupying the building, with recent upgrades including new flooring, doors, and windows. Additionally, a new boiler and hot water tank were installed six years ago. There is potential for additional tenants, as a significant portion of the building is available for rent. The rental spaces vary in size and are equipped with ample phone lines and high-speed internet. The lower level houses the heating system, water tank, and central vacuum. The exterior features stucco, while the roof is sloped and covered with tar, tin, and rubber seal. The sellers have diligently maintained the building and are eager to find the right buyers, despite the current economic conditions.

This property boasts a land size of 8625 sqft and is located at 4902 50 Avenue in the city of Castor, Alberta. The postal code for this property is T0C0X0, and it is classified as an office type property.