$3,300,000.00 39,310 Sq.ft

391 N 400 Street E, Raymond. T1J 4B3

Description

Unlock Vast Revenue Potential in Historic Raymond Building! This restored 39,310 plus sq. ft. building offers endless possibilities. It features a swimming pool, auditorium/gym, elevator, and office spaces, as well as recent upgrades including electrical, and new roofing, The property also includes a heated outbuilding and second living quarters, with a city sewage connection and acres of land for future development. Located on Hwy 845, this property offers prime visibility and accessibility. It's perfect for various businesses, such as a care facility, recreation center, conference center, hotel, campground, or tourism center. Estimated Reconstruction value is at 13 million dollars at $300/sq ft! A rare opportunity to own a piece of history and create a thriving business!

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2181598
City:Raymond
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 39,310 sq.ft
Land Size:9.45 Acre
Listing Price:$3,300,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Mixed Use
Transaction Type:For Sale
Land Use Code:C-1
Listing Contract Date:2024-12-03

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "REAL BROKER" listing brokerage.

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