308 56 Street, Edson, Alberta T7E 1L6

Listed for:
$1,200,000
0 beds
0 baths
Listed 116 days ago
308 56 Street, Edson, Alberta T7E 1L6

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Learn more about this property
Listing provided by:
CENTURY 21 TWIN REALTY
MLS® number:
A2103021
Agent:
Karen Spencer-miller
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About

INVESTMENT OPPORTUNITY! This 10,526 sq ft Industrial 5 Bay Shop & Office Building is located on 1.39 acres in the Town of Edson. A reputable solid tenant just moved in with a 5-year triple net lease and two 5-year renewal options. With a strategic location offering excellent exposure along Hwy 16, this property is zoned C-2 Service Commercial, making it an ideal choice for businesses seeking a dynamic space. There is approximately 2760 sq ft of Office Space featuring a large Reception area, 8 Offices, two Board Rooms/Staff Meeting Rooms and two Washrooms. The shop has 5 Bays with 14 ft automatic doors, including one Wash Bay, Staff Room, Foreman’s Office, Parts Rooms, Laundry room with full hook ups and wash sink, its own washroom, and Mezzanine Storage. Additional features include 400-amp service with three phase power, two brand new overhead furnaces that were just installed that include all new overhead vents, and air conditioning in the Office area. On Demand Hot Water, firewall separating the Office area from the Shop, Rubber Membrane on the roof was upgraded 7 years ago, air compressor lines run through the shop area and so much more. Ample staff parking and fenced compound parking leading to the shop bays to secure your Company Vehicles. This property presents a rare opportunity to invest in a strategically located, well-maintained asset with a reputable tenant in place. Don't miss out on the potential for long-term returns and growth. (id:27476)

Property Highlights

Type
Cooling type
Central air conditioning
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick, Metal
Parking space
Ownership Type
Amenities nearby

Location

Summary

An exciting investment opportunity awaits with this 10,526 sq ft Industrial 5 Bay Shop & Office Building situated on 1.39 acres in the Town of Edson. The property boasts a solid tenant who has recently signed a 5-year triple net lease with two 5-year renewal options, providing long-term stability and potential for growth.

Strategically located along Hwy 16, the property offers excellent exposure and is zoned C-2 Service Commercial, making it an ideal choice for businesses in need of a dynamic space. The Office Space spans approximately 2760 sq ft and includes a large Reception area, 8 Offices, two Board Rooms/Staff Meeting Rooms, and two Washrooms.

The shop features 5 Bays with 14 ft automatic doors, including a Wash Bay, Staff Room, Foreman’s Office, Parts Rooms, Laundry room with full hook ups and wash sink, its own washroom, and Mezzanine Storage. Additional amenities include 400-amp service with three phase power, two brand new overhead furnaces, air conditioning in the Office area, On Demand Hot Water, and a firewall separating the Office area from the Shop.

The property also offers ample staff parking and fenced compound parking leading to the shop bays to secure Company Vehicles. With features such as a Rubber Membrane roof upgrade 7 years ago, air compressor lines running through the shop area, and more, this well-maintained asset presents a rare opportunity for long-term returns and growth.

Don't miss out on the chance to invest in this strategically located property with a reputable tenant in place. This is a unique opportunity with the potential for significant long-term returns and growth.