$11,900,000.00 52,500 Sq.ft

8, 5577 35 Street , Whitecourt. T7S 0B5

Description

The newest, nicest and largest rental development in Whitecourt. Very low vacancy with Gross rents to be in the $800,000 range in the near future. ( By June 1/24 all rents will be $1,695 pm) Built in 2015/16, it has been a favorite since day 1. Each unit is 1,350 sq ft. on 2 levels each with balcony as well as 5 appliances. Very well located in the newest area of Whitecourt. Close to new High School and 2 blocks from Elementary. Great walking trails. A proposed $3 Billion 465 Megawatt Power Plant with an Integrated Carbon Capture and Sequestration component has been recently announced within proximity to this property. Even closer is the announcement of a new 17,000 sq.ft. Shoppers Drug Mart to start summer 2024.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2061713
City:Whitecourt
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 52,500 sq.ft
Land Size:2.52 Acre
Listing Price:$11,900,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R4
Listing Contract Date:2023-06-30

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX ADVANTAGE (WHITECOURT)" listing brokerage.

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