$625,000.00 4,635 Sq.ft

1,2,3,4, 2 Sylvaire Close , Sylvan Lake. T4S2H6

Description

Presenting a remarkable opportunity to secure a dynamic industrial property nestled within Sylvan Lake's prestigious Industrial Park (L2). This offering showcases a capacious industrial edifice boasting Bays 1, 2, 3, and 4, with a generous total area encompassing 4,635 square feet. Currently, three of the four bays are under lease agreements, operating on a month-to-month basis, yielding $1200 per month in rental income, alongside a utility cost of $300. Effective July 1st, 2024, rents are set to escalate to $1400 per month, enhancing the revenue stream. With only 3 of the 4 bays being rented - this building offers the flexibility to either lease out the remaining vacant bay or to utilize it for your own purposes, thereby catering to a myriad of potential ventures. With its prime location within Sylvan Lake's esteemed Industrial Park, this property presents abundant possibilities for expansion, innovation, and lucrative investment.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2132400
City:Sylvan Lake
Neighbourhood:Cuendet Industrial Park
Province:Alberta
Building/Unit Size: 4,635 sq.ft
Land Size:0.00 Acre
Listing Price:$625,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Industrial
Transaction Type:For Sale
Land Use Code:I2
Listing Contract Date:2024-05-20

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "eXp Realty" listing brokerage.

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