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. (id:57849)
| MLS® Number | A2130875 |
| Property Type | Other |
| Community Name | Blackfalds - Other |
| Plan | 1424158 |
| CeilingHeight | 192 In |
| ConstructedDate | 2014 |
| ConstructionMaterial | Poured Concrete |
| ExteriorFinish | Concrete |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 1188 Sqft |
| SizeInterior | 1188 Sqft |
| TotalFinishedArea | 1188 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| SizeTotalText | Unknown |
| ZoningDescription | I-1 |
https://www.realtor.ca/real-estate/26874547/1-5212-duncan-avenue-blackfalds-blackfalds-other
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