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Drumheller,AB T0J 0Y4
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Drumheller
MLS Listing ID A2035409
Lot Size 6,240 Sqft
Acres 0.14
Property Description
GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Basement is unfinished. NEW ROOF. Zoned DT for multiple uses. ADDRESS: 120 3rd Ave East - there are two lots . Income for each space :::::::::::::: 120 3rd Ave East :::::::::::::: Rent: Kim’s Hair $990 plus GST x 12 = $11,880+p,g,w :::::::::::::: Rent: Grocery $1050 x 12 = $12,600+p,g,w :::::::::::::: 1320 sq ft :::::::::::::: Less: Insurance Estimated = $1200 Less: Property Taxes Est. = $1700:::::::::::::: Net Income = $21,580 :::::::::::::: $21,580 ::::::::::::::::: = 7.8% return. Kim’s lease until August 2026 Grocery is 3 year lease. Excellent location in downtown Drumheller. Address: 120 3 AVENUE EAST Drumheller, AB :::::::::::::: Roll Number: 01045806 :::::::::::::: Property ID: 0020200458 :::::::::::::: PLAN 2089BN BLOCK 26 LOT 1&2 :::::::::::::: LOT SIZE 120 x 52 FT Parcel Size 6240.000 SQ FT.
Location
Province AB
County Drumheller
Zoning DT
Interior
Inclusions None
Exterior
Lot Frontage 120.0
Building
Dwelling Type Retail
Others
Restrictions None Known
Tax ID 56234437