6,700 sqft
$979,000
Prime commercial opportunity located at one of the busiest intersections in Olds. This ±0.65-acre CH-zoned property offers approximately 6,700 sq. ft. of commercial space with strong visibility and access. Half of the building is currently leased to a mechanic shop at $3,500/month including operating costs, with a secure lease in place until 2028 plus renewal options, providing immediate and stable cash flow. The remaining space is vacant, allowing for value-add or owner-user potential. CH zoning allows for a wide range of permitted and discretionary commercial uses, offering excellent flexibility for investors or developers. A solid income property with long-term upside in a growing market. (id:63476)
Property Details
|
MLS® Number |
A2275828 |
|
Property Type |
Industrial |
|
Plan |
2652s |
Building
|
Constructed Date |
1953 |
|
Size Exterior |
6700 Sqft |
|
Size Interior |
6,700 Sqft |
|
Total Finished Area |
6700 Sqft |
Land
|
Acreage |
No |
|
Size Irregular |
0.65 |
|
Size Total |
0.65 Ac|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
|
Size Total Text |
0.65 Ac|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
|
Zoning Description |
Ch |